Lower Conversion Factor Applicable for Timber Imports Prior to 11.05.2012; Refund of Additional Customs Duty Allowed: Kerala High Court
The Kerala High Court recently dealt with a complex dispute relating to the conversion of timber volume from Hoppus Ton to cubic meters, an issue that directly affected the calculation of customs duty under the Customs Act, 1962. The matter involved multiple writ petitions filed by several importers challenging the assessments made by customs officials. Background of the Case In these writ petitions, the Petitioners were timber importers who brought…
