Supreme Court of India

M/s. Ispat Industries Ltd. v. Commissioner of Customs, Mumbai

Neutral citation
Reported as [2006] SUPP. 6 S.C.R. 733
Bench Ashok Bhan and Markandey Ka Tju JJ.
Decided 29 September 2006

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

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From the headnote

Customs Act 1962; Section 14(/)-Assessable value of imported goods-Transportation charges for the use of barges for carrying the cargo from the mother vessel to the jetty-Held, not to be added to calculate the assessable value. Interpretation of statutes; Legal fiction-Deeming provision creates legal fiction-Held, unless prohibited from doing so, the consequence and incidents which, if the putative state of affairs had in fact existed, must inevitably have flowed from or accompanied it has also be imagined as real. Statutes-Provisions of Acts and Rule framed thereunder­ Interpretation of-

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