9911796707
TMI Blog2006 (6) TMI 245X X X X Extracts X X X X X X X X Extracts X X X X ..... . REPRESENTED BY : S/Shri V. Sridharan, A. Sheerazi, Vishal Agarwal, Advocates and Saket, CA, for the Appellant. Shri S.S. Bhagat, DR, for the Respondent. [Order per : S.S. Sekhon, Member (T)]. - M/s. Supreme Petrochem Ltd. are engaged in the manufacture of Polystyrene and for that purpose they use Styrene Monomer as the main raw material. While the import is for their own use, part of the qua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the goods through Public lines and storage in their tanks. The price of the goods and the service charges for the services rendered after import are the consideration for these contracts entered into by the buyers. As the CIF value of the said goods are not known at the time when the contracts are entered into, the contracts provide for Weighted Average Price (WAP). The clearance on the sale pric ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing imported goods, after landing, could be included in the valuation of the goods imported for the purpose of levy of duty. A perusal of the Valuation Rules and the decisions on this subject would indicate that such "Evacuation Costs" which are termed as Service Charges herein and incurred after import, prima facie cannot be included in the determination of assessable value for recovery of duty o ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
