https://www.taxtmi.com/caselaws?id=121814 The tribunal upheld the customs duty demand on machinery imported for export production, despite the appellant's arguments based on a sale agreement approved by the High Court and higher purchase arrangement. The duty-free goods were sold domestically without payment of duty, leading to the duty liability remaining with the appellant. The tribunal emphasized the importance of due accounting of warehoused goods and dismissed the special rights claimed by industrial units under BIFR to dispose of goods without duty payment. The appellant was directed to deposit the duty amount within six weeks. en-us Fri, 22 Jun 2007 00:00:00 +0530 Mon, 06 Aug 2012 15:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121814 The tribunal upheld the customs duty demand on machinery imported for export production, despite the appellant's arguments based on a sale agreement approved by the High Court and higher purchase arrangement. The duty-free goods were sold domestically without payment of duty, leading to the duty liability remaining with the appellant. The tribunal emphasized the importance of due accounting of warehoused goods and dismissed the special rights claimed by industrial units under BIFR to dispose of goods without duty payment. The appellant was directed to deposit the duty amount within six weeks. Case-Laws Central Excise Fri, 22 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121814