https://www.taxtmi.com/caselaws?id=98004 The Tribunal ruled in favor of the appellants in an appeal under Section 129A of the Customs Act, 1962, against an Order-in-Appeal by the Collector of Customs (Appeals), Madras. The dispute arose from re-imported goods subject to customs duty equal to excise duty. The Tribunal interpreted "bond" in Section 20 as a customs bond, not an excise bond, following a Madras High Court judgment. Consequently, the Tribunal held that customs authorities could not levy customs duty equal to excise duty on goods re-imported under bond without excise duty payment, allowing the appeal with consequential relief. en-us Fri, 21 Aug 1987 00:00:00 +0530 Wed, 18 Jan 2012 17:34:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98004 The Tribunal ruled in favor of the appellants in an appeal under Section 129A of the Customs Act, 1962, against an Order-in-Appeal by the Collector of Customs (Appeals), Madras. The dispute arose from re-imported goods subject to customs duty equal to excise duty. The Tribunal interpreted "bond" in Section 20 as a customs bond, not an excise bond, following a Madras High Court judgment. Consequently, the Tribunal held that customs authorities could not levy customs duty equal to excise duty on goods re-imported under bond without excise duty payment, allowing the appeal with consequential relief. Case-Laws Customs Fri, 21 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98004