https://www.taxtmi.com/caselaws?id=100448 Manufacture of a barge in a customs bonded warehouse under the warehousing and in-bond manufacture regime did not make the finished vessel liable to central excise duty on clearance for home consumption. The Tribunal treated the imported and indigenous materials, as well as the finished goods, as governed by the Customs Act framework for warehousing, and rejected the view that manufacture in bond caused the final product to cease being warehoused goods. It held that goods manufactured in such a bonded warehouse were to be treated, for duty purposes, as manufactured outside India, so customs duty alone applied. Central excise duty, interest and penalty were therefore not leviable. en-us Thu, 04 Oct 2001 00:00:00 +0530 Wed, 01 Feb 2012 16:39:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100448 Manufacture of a barge in a customs bonded warehouse under the warehousing and in-bond manufacture regime did not make the finished vessel liable to central excise duty on clearance for home consumption. The Tribunal treated the imported and indigenous materials, as well as the finished goods, as governed by the Customs Act framework for warehousing, and rejected the view that manufacture in bond caused the final product to cease being warehoused goods. It held that goods manufactured in such a bonded warehouse were to be treated, for duty purposes, as manufactured outside India, so customs duty alone applied. Central excise duty, interest and penalty were therefore not leviable. Case-Laws Central Excise Thu, 04 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100448