1% landing charges applicable or not ?

It is not applicable now onwards..

ok
thanks

It is allowed only if actually incurred. Previously 1% was charged on notional basis which is not applicable now.

not applicable

The Hon’ble Supreme Court had ruled in the case of M/s Wipro Ltd. Vs Assistant Collector of Customs- 2015 (319) ELT 177 (S.C.) dated 16/04/2015 that the landing charges to be added to the value of goods, should be based on actual charges incurred, and not a notional charge of 1% as has been provided in the Rules.

Which one date it is applicable ??