Question : DEMURRAGE CHARGES ON PETROLEUM PRODUCTS



(a) whether demurrage charges is a part of import cost of petroleum products and included for the purpose of assessing the import duty;

(b) if so, the details thereof;

(c) whether some cases are pending in the court of Custom Commissioner, Calcutta in respect of import of kerosene oil by Indian Oil Corporation; and

(d) if so, the details thereof?

Answer given by the minister



MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS ( SHRI SANTOSH KUMAR GANGWAR )

(a) and (b): In terms of interpretation by CEGAT, New Delhi, demurrage charge is not a part of import cost of petroleum products and is therefore not to be included for purposes of assessing the import duty.

(c) and (d): Presently, no cases are pending adjudication by the Commissioner of Customs, Calcutta in respect kerosene oil, imported by Indian Oil Corporation.