https://www.taxtmi.com/caselaws?id=92783 Filing a bill of entry for home consumption attracts customs consequences once out of charge is ordered under Section 47 of the Customs Act, 1962, because the filer assumes the status of owner or importer for customs purposes. An asserted intention to re-export the goods does not undo the legal effect of clearance, and the absence of payment to the foreign supplier does not by itself make duty, redemption fine, or penalty inapplicable. The authorities cited on behalf of the importer were distinguished on their facts and treated as not governing this situation. Redemption fine and penalty were therefore upheld. en-us Fri, 29 Oct 1999 00:00:00 +0530 Sat, 05 Nov 2011 10:59:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92783 Filing a bill of entry for home consumption attracts customs consequences once out of charge is ordered under Section 47 of the Customs Act, 1962, because the filer assumes the status of owner or importer for customs purposes. An asserted intention to re-export the goods does not undo the legal effect of clearance, and the absence of payment to the foreign supplier does not by itself make duty, redemption fine, or penalty inapplicable. The authorities cited on behalf of the importer were distinguished on their facts and treated as not governing this situation. Redemption fine and penalty were therefore upheld. Case-Laws Customs Fri, 29 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92783