https://www.taxtmi.com/caselaws?id=102984 Section 15 of the Customs Act, 1962 fixes the rate of duty for warehoused goods at the time of their clearance for home consumption, so the applicable duty is the rate prevailing on the date of actual removal from the warehouse. On that basis, the Tribunal applied the settled principle that the taxable event occurs when warehoused goods cross the customs barrier and are cleared. The refund claim for special additional customs duty was therefore held not maintainable, and the impugned order was upheld. en-us Tue, 03 Oct 2000 00:00:00 +0530 Fri, 17 Feb 2012 13:08:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102984 Section 15 of the Customs Act, 1962 fixes the rate of duty for warehoused goods at the time of their clearance for home consumption, so the applicable duty is the rate prevailing on the date of actual removal from the warehouse. On that basis, the Tribunal applied the settled principle that the taxable event occurs when warehoused goods cross the customs barrier and are cleared. The refund claim for special additional customs duty was therefore held not maintainable, and the impugned order was upheld. Case-Laws Customs Tue, 03 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102984