Iron Ore Export: Shipping Bills Must Be Assessed Individually, Fe Content Determined on Wet Basis Under Customs Act

CESTAT ruled that separate shipping bills for goods exported in a single vessel must be assessed individually, not collectively, under the Customs Act. The tribunal emphasized that Fe content in iron ore fines must be determined on a wet basis, following SC precedent in Gangadhar Narsingdas. The Commissioner's order demanding differential duty based on combined assessment of multiple shipping bills and dry basis Fe content determination was overturned. The tribunal clarified that neither DRI officers nor Customs Commissioner has statutory authority to assess multiple shipping bills together, even when goods are loaded on the same vessel or covered under a single Bill of Lading. The appeal was allowed, setting aside the Commissioner's order dated 30.11.2022. .....

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