Excise/Custom

Assessment of Bulk Liquid Cargo. Shore tank receipt quantity should be taken basis for levy of custom duty. Custom Circular no. 34/2016

Circular  No.34/2016-Customs

F.No.  465/01/2014-Cus.V
Government of India

Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
*****

New Delhi, Dated 26th July, 2016

To,
All Principal Chief Commissioners of Customs/Customs & Central Excise ,
All Chief Commissioners of Customs ,
All Chief Commissioners of Customs & Central Excise,
All Directorate-Generals , Chief Departmental Representative ,
All Principal Commissioners of Customs ,
All Principal Commissioners of Customs & Central Excise,
All Commissioners of Customs,
All Commissioners of Customs & Central Excise.

Subject: Assessment of Bulk Liquid Cargo- regarding.

Kindly refer to the judgment of Hon’ble Supreme Court in the case of Mangalore Refinery and Petrochemicals Limited vs . Commissioner of Customs , Mangalore dated 02.09.2015 [2015 (323) E.L.T. 423 (S.C.)].

2. In the light of the above judgement , the Board has reviewed the Circular No. 96/2002-Customs dated 27.12.2002 & Circular No. 06/2006 dated 12.01.2006 and it has been decided to rescind both these Circulars .

3. In case of all bulk liquid cargo imports, whether for home consumption or for warehousing , the shore tank receipt quantity e., dip measurement in tanks on shore into which such cargo is pumped from the tanker , should be taken as the basis for levy of Customs Duty irrespective of whether Customs Duty is leviable at a specific rate or ad-valorem basis [including cases where tariff value is fixed under Section 14(2) of the Customs Act, 1962].

4. Further, where bulk liquid cargo is cleared directly on payment of duty without being pumped in a shore tank, assessment may continue to be done as per ship’s ullage survey report at the port of discharge .

5. Difficulties, if any, faced in the implementation of above instructions may be brought to the notice of the Board at an early date.

6. Hindi version follows .

(Kshitendra Verma)
Under Secretary to the Govt. of India

Share

Recent Posts

  • Income Tax

CIT(A) should have considered detailed statement of facts before dismissing appeal

CIT(A) should have considered the details statement of facts filed before him before dismissing the appeal of the assessee observing…

1 minute ago
  • ICSI

Empanelment of General Observers for ICSI Examinations June 2026. Last date 28.04.2026

Empanelment of General Observers for ICSI Examinations June 2026 ICSI has invited interested members to enroll as General Observers for…

1 day ago
  • CA CS CMA

Engagement of Young Professionals CA for assistance in ITAT representation

Income Tax Department Pune is engaging Young Professionals CA for assistance in ITAT representation With a view to augment departmental…

2 days ago
  • Concurrent Audit

IDBI online application for empanelment of Concurrent Auditor. Last date : 27.04.2026

IDBI invites application for empanelment of Chartered Accountant firms as Concurrent Auditor for FY 2026-27 IDBI Bank has invited online…

2 days ago
  • Bank

Audit reports must be disclosed by bank before classifying account of a customer as fraud

Audit reports must be disclosed if considered relevant by banks in classifying the account of a customer as fraud –…

2 days ago
  • ICAI

ICAI sets up a branch of CIRC at Korba city, Chhattisgarh w.e.f. 6th February, 2026

ICAI sets up a branch of CIRC at Korba city (Chhattisgarh) w.e.f. 6th February, 2026 Council of the Institute of…

2 days ago