made by claimant
Board against the 1st respondent on account of
custom duty variation is arbitrable and outside
the scope of arbitration agreement between ... parties?
5. Whether the custom duty variation is to
the claimant's account or the 1st respondent's
account?
6. Whether the claims
made by claimant
Board against the 1st respondent on account of
custom duty variation is arbitrable and outside
the scope of arbitration agreement between ... parties?
5. Whether the custom duty variation is to
the claimant's account or the 1st respondent's
account?
6. Whether the claims
however, subject to variation only
in respect of imported components of supply on account
of exchange rate variation and customs duty variation.
This would ... completed in June/July, 1992.
Due to variation in exchange rate and also in
customs duty, the lump sum price of Rs.347.40 lacs
clauses to cover foreign exchange and customs
FAO(OS) No. 8 of 2007 Page 2 of 13
duty variation etc., limiting the total damages
lakhs including Rs. 22 lakhs by way of exchange rate and custom duty variation. On 30th October, 1992 the Bank Guarantee furnished by the petitioners ... account of variation in foreign exchange component and custom duty and also Rs. 17.88 lakhs due to variation in detailed designing
under-insurance (Rs. 25,64,026);
Customs Duty variation (Rs. 86,38,491.50); Service Tax (Rs. 3,08,85,583);
normalising 'Dished Ends ... resources.
Customs Duty:
65. HPCL retained another sum of Rs. 86,38,491.50 towards its claims on
account of Customs Duty variation. This component
supplier from any benefit due to change of any statutory
levies, customs duty variation, etc. which comes after expiry of the
original delivery period ... entitled to any benefit
due to change of any statutory levies, custom duty variation and the
like for a period after expiry of the original
current Euro Value (INR
60). Any appreciable change in Paper, Petroleum,
Customs Duty etc value beyond 5% year by year
will have impact ... worked out mutually based on the
Dollar/Euro value and customs duty variation
(consumables and Expendables which are
imported) once in a Year to reflect
second respondent was not required to pay custom duty in the event of high seas sale, the custom duty ... said reply, in which loading on account of variation in exchange rate was calculated on custom duty and not on the landed cost
Contract provided that statutory variations in taxes and
duties such as excise duty, customs duty, sales tax, works contract tax
and service tax would ... Contract deals with statutory
variations thus:
"Clause 8.3 - Statutory variations in taxes and duties such
as Excise Duty, Custom Duty, Sales Tax,Works Contract
