https://www.taxtmi.com/caselaws?id=115105 The judgment clarified that duty liability under Section 125 of the Customs Act, 1962, arises only after goods are redeemed. Since the goods in question were not redeemed, duty liability does not apply. The pre-deposit requirements under Section 129E of the Customs Act, 1962, were deemed unnecessary as the goods were under Customs control. The judgment acknowledged compliance with EPCG license terms and highlighted the significant deposit made by importers. An early hearing was granted to expedite the resolution process, emphasizing prompt and efficient resolution of the appeal. en-us Wed, 09 Mar 2005 00:00:00 +0530 Wed, 23 May 2012 17:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115105 The judgment clarified that duty liability under Section 125 of the Customs Act, 1962, arises only after goods are redeemed. Since the goods in question were not redeemed, duty liability does not apply. The pre-deposit requirements under Section 129E of the Customs Act, 1962, were deemed unnecessary as the goods were under Customs control. The judgment acknowledged compliance with EPCG license terms and highlighted the significant deposit made by importers. An early hearing was granted to expedite the resolution process, emphasizing prompt and efficient resolution of the appeal. Case-Laws Customs Wed, 09 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115105