https://www.taxtmi.com/caselaws?id=221262 The court ruled in favor of the petitioners regarding the validity of the show-cause notice, quashing it due to unreasonable delay in issuance. The court found the notice vague and lacking specific details and computation of the duty amount. The petitioners were not entitled to duty remission under Section 23 of the Customs Act as their duty liability had already crystallized under Section 72(1)(b). The court rejected the petitioners' claim for the Central Warehousing Corporation and the insurance company to pay customs duty, citing premature claim, lack of privity of contract, and the need to address insurance policy terms separately. en-us Wed, 08 Aug 2012 00:00:00 +0530 Sat, 02 Mar 2013 07:28:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221262 The court ruled in favor of the petitioners regarding the validity of the show-cause notice, quashing it due to unreasonable delay in issuance. The court found the notice vague and lacking specific details and computation of the duty amount. The petitioners were not entitled to duty remission under Section 23 of the Customs Act as their duty liability had already crystallized under Section 72(1)(b). The court rejected the petitioners' claim for the Central Warehousing Corporation and the insurance company to pay customs duty, citing premature claim, lack of privity of contract, and the need to address insurance policy terms separately. Case-Laws Customs Wed, 08 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221262