Tag Archives: Demurrage charges

Demurrage charges not part of assessable value for leving custom duty

By | February 10, 2016

Held The demurrage charges are admittedly incurred after the goods reached at Indian ports and, therefore, it is a post-importation event. Such charges, therefore, cannot form part of the transaction value. Issue in this behalf is settled by this very Bench in the case of Commissioner of Customsv. Essar Steel Ltd. [2015] 51 GST 181… Read More »