https://www.taxtmi.com/caselaws?id=167547 The court clarified that under the Customs Act, importation occurs when goods enter India's territorial waters, making them subject to customs duty. The rate of duty is determined based on the date of clearance for home consumption, unless the goods were wholly exempt at the time of entry. Countervailing and additional duties are separate from basic customs duty, requiring explicit exemption statements. The judgment emphasized the importance of exemption status at the time of entry and upheld the distinct nature of these duties under the Customs Act. en-us Thu, 17 Oct 1985 00:00:00 +0530 Wed, 24 Dec 2014 11:21:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167547 The court clarified that under the Customs Act, importation occurs when goods enter India's territorial waters, making them subject to customs duty. The rate of duty is determined based on the date of clearance for home consumption, unless the goods were wholly exempt at the time of entry. Countervailing and additional duties are separate from basic customs duty, requiring explicit exemption statements. The judgment emphasized the importance of exemption status at the time of entry and upheld the distinct nature of these duties under the Customs Act. Case-Laws Customs Thu, 17 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167547