https://www.taxtmi.com/caselaws?id=236630 A customs duty demand issued more than 14 years after the import and warehousing events was treated as time-barred, because the normal limitation period had expired and the extended period was unavailable on the facts. The transfer and re-export of warehoused colour picture tubes were nevertheless found contrary to the import and export control regime, as the goods remained subject to non-transferable licence conditions until customs clearance and no valid export licence was shown for the goods in that form. Confiscation and penalty were sustained, but the redemption fine and penalties were reduced on proportionality grounds. en-us Thu, 31 Jan 2013 00:00:00 +0530 Tue, 03 Sep 2013 12:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236630 A customs duty demand issued more than 14 years after the import and warehousing events was treated as time-barred, because the normal limitation period had expired and the extended period was unavailable on the facts. The transfer and re-export of warehoused colour picture tubes were nevertheless found contrary to the import and export control regime, as the goods remained subject to non-transferable licence conditions until customs clearance and no valid export licence was shown for the goods in that form. Confiscation and penalty were sustained, but the redemption fine and penalties were reduced on proportionality grounds. Case-Laws Customs Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236630