1996 (8) TMI 259

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..... two consignments of titanium tubes and cleared the same after payment of duty on the invoice value plus landing charges, the former having included the insurance charges relating not only to the CIF value but the duty amount also. Subsequently they filed refund claims on the ground that the insurance amount should have been restricted to only C F value. The claim was not accepted by the Assista .....

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..... tion is completed and it constitutes a post importation development. Any insurance amount paid on Customs duty relates to a post importation factor. It would, therefore, be not liable to be included in the assessable value which should represent the landed cost. For the foregoing reasons, we agree with the contention raised by the appellants and set aside the impugned order. The appeal is allowed. .....

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