https://www.taxtmi.com/caselaws?id=74725 Imported goods cleared from a bonded warehouse after withdrawal of an exemption were held liable to additional customs duty because the duty position was determined by the law prevailing on the date of clearance, not merely the date of importation. The goods had been imported while the exemption operated, but by the time they were removed from bond the exemption had ceased, and customs duty became payable on clearance. The challenge therefore failed, and the impugned orders sustaining the levy were upheld. en-us Fri, 18 Sep 1987 00:00:00 +0530 Fri, 10 Jun 2011 15:51:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74725 Imported goods cleared from a bonded warehouse after withdrawal of an exemption were held liable to additional customs duty because the duty position was determined by the law prevailing on the date of clearance, not merely the date of importation. The goods had been imported while the exemption operated, but by the time they were removed from bond the exemption had ceased, and customs duty became payable on clearance. The challenge therefore failed, and the impugned orders sustaining the levy were upheld. Case-Laws Income Tax Fri, 18 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74725