1992 (11) TMI 210 - Commissioner - Customs

Summary

The appeal was filed by M/s. Bharat Foam Udyog Pvt. Limited against an adjudication order adding interest amount to the assessable value of imported goods. The Collector of Customs clarified that interest on deferred payment should be excluded if shown separately in the invoice. The appellate authority set aside the order, ruling in favor of the appellants.