Supreme Court of India · 2020-04-27
COMMISSIONER OF CUSTOMS (PORT) KOLKATA vs M/S. STEEL AUTHORITY OF INDIA LTD.
- Citation / case number
- SC 2008/7668
- Court
- Supreme Court of India
- Petitioner
- COMMISSIONER OF CUSTOMS (PORT) KOLKATA
- Respondent
- M/S. STEEL AUTHORITY OF INDIA LTD.
- Author
- HON'BLE MR. JUSTICE ANIRUDDHA BOSE
- Bench
- HON'BLE MR. JUSTICE ANIRUDDHA BOSE HON'BLE MR. JUSTICE DEEPAK GUPTA
Judgment text excerpt
The Supreme Court addressed the issue of valuation under the Customs Act, 1962 concerning imports made by Steel Authority of India Ltd. for modernization projects. The court examined the contracts involved and the customs authority's interpretation of project import benefits. Ultimately, the court upheld the valuation determined by the customs authorities, affirming their authority in interpreting the relevant provisions of the Customs Act.