M/S. Chaudhary Ship Breakers vs Commissioner Of Central ...

The Supreme Court, while adjudicating a civil appeal under Section 130E of the Customs Act, 1962, upheld the final assessment order by the Deputy Commissioner of Customs, which levied additional customs duty based on the original transaction value of the vessel. The Court emphasized that the appellant failed to provide sufficient evidence to demonstrate that the vessel differed from the description in the Memorandum of Agreement (MOA), as required by prior Tribunal decisions. Consequently, the appeal was dismissed, affirming the Tribunal's ruling and the additional duty imposed.