https://www.taxtmi.com/caselaws?id=72977 The Tribunal ruled in favor of the Collector of Central Excise, determining that the warehoused goods, polyester manmade fibre yarn, were not considered "non-consumable stores" under Section 61(a) of the Customs Act, 1962. The decision was based on the interpretation that the goods did not fall within the definition of "stores" as outlined in the Act, leading to a limited warehousing period of three months. The Tribunal emphasized the importance of adhering to the defined terms within the Customs Act for interpreting specific provisions, ultimately requiring the payment of interest beyond the stipulated storage period. en-us Fri, 15 May 1987 00:00:00 +0530 Thu, 26 May 2011 12:56:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72977 The Tribunal ruled in favor of the Collector of Central Excise, determining that the warehoused goods, polyester manmade fibre yarn, were not considered "non-consumable stores" under Section 61(a) of the Customs Act, 1962. The decision was based on the interpretation that the goods did not fall within the definition of "stores" as outlined in the Act, leading to a limited warehousing period of three months. The Tribunal emphasized the importance of adhering to the defined terms within the Customs Act for interpreting specific provisions, ultimately requiring the payment of interest beyond the stipulated storage period. Case-Laws Customs Fri, 15 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72977