https://www.taxtmi.com/caselaws?id=262538 The Gujarat HC stayed the Tribunal's declaration on customs powers under Rule 29 of the Special Economic Zones Rules, 2006 and Section 14 of the Customs Act, 1962, which had stated that customs authorities could not assess or confiscate goods meant for a Special Economic Zone and that valuation under Section 14 would not arise. The Court declined to stay the Tribunal's final direction granting release of the goods, so the operative relief in favour of the importer remained in force while the legal observations were suspended. en-us Thu, 23 Jan 2014 00:00:00 +0530 Wed, 12 Aug 2015 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262538 The Gujarat HC stayed the Tribunal's declaration on customs powers under Rule 29 of the Special Economic Zones Rules, 2006 and Section 14 of the Customs Act, 1962, which had stated that customs authorities could not assess or confiscate goods meant for a Special Economic Zone and that valuation under Section 14 would not arise. The Court declined to stay the Tribunal's final direction granting release of the goods, so the operative relief in favour of the importer remained in force while the legal observations were suspended. Case-Laws Customs Thu, 23 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262538