https://www.taxtmi.com/caselaws?id=114017 The court upheld the duty demand and confirmed interest on lost goods stolen from a warehouse by a 100% EOU, leading to a total payment obligation. Duty and interest demands on raw material and finished goods were also upheld, with machinery interest beyond the permitted warehousing period deemed valid. The judgment clarified that interest on warehoused goods post-period is not applicable if duty is not demanded. Duty rates on raw material and finished goods were determined based on a specific case, with the Appellant directed to seek export permission within six months. Appeals were allowed, subject to specified conditions. en-us Fri, 30 Jul 2004 00:00:00 +0530 Wed, 09 May 2012 18:03:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114017 The court upheld the duty demand and confirmed interest on lost goods stolen from a warehouse by a 100% EOU, leading to a total payment obligation. Duty and interest demands on raw material and finished goods were also upheld, with machinery interest beyond the permitted warehousing period deemed valid. The judgment clarified that interest on warehoused goods post-period is not applicable if duty is not demanded. Duty rates on raw material and finished goods were determined based on a specific case, with the Appellant directed to seek export permission within six months. Appeals were allowed, subject to specified conditions. Case-Laws Customs Fri, 30 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114017