M/S. NRC LTD. vs UNION OF INDIA .

The Supreme Court addressed the issue of additional duty under the Customs Tariffs Act, 1975, specifically regarding the calculation of additional duty on CIF value versus the aggregate value including basic and auxiliary customs duty and landing charges. The Court held that the additional duty is payable only on the CIF value of the goods, thereby upholding the interim order of the Bombay High Court that restricted the Customs Department from levying additional duty on the aggregate value. The Court's ruling clarified the interpretation of the Customs Tariffs Act, ensuring compliance with the statutory provisions.