2001 (5) TMI 52

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hat the appellant had placed the order of supply of 20,027 MT Metallurgical Coke of specified size with M/s. Jenson Nicholson Pvt. Ltd., Singapore at a stipulated price. According to the invoice from the supplier the price of the consignment was shown as US $ 2,143,524.85. The customs duty was assessed accordingly on the value shown in the invoice and goods were cleared by the appellant on payme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ellants herein) allege they have suffered losses, and whereas JNS (i.e. the suppliers) deny these allegations. As a result of discussions between the representatives of the parties hereto, it has been amicably agreed, without any admission of liability by either party that in consideration of both parties refraining from commencing or proceeding with any legal action against the order in consid .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the facts depict a refund claim has been filed on the basis of the revised invoice. The revised invoice obviously was the result of the revised agreement between the parties as noted above and it is on this factual count that the Tribunal did not see any merit with the appeal preferred before it. We also do not feel inclined to interfere with the reasoning and findings of the Tribunal, since we a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X