2008 (3) TMI 329 - SCH - Customs

Valuation of goods - Barge hire charges - Held that - barge hire charges were incurred by the Respondent-herein for unloading from Mother Vessel on to the barge after the customs barrier stood crossed and, therefore, the barge hire charges, on facts of this case, were not includible in the assessable value of the imported goods, viz., iron ore - Decided against Revenue.

Summary

The Supreme Court of India in 2008 ruled that barge hire charges for unloading goods after crossing customs barrier are not includible in assessable value of imported goods like iron ore. The civil appeal was dismissed.