https://www.taxtmi.com/caselaws?id=2164 The court upheld the respondent Company's right to relinquish title to warehoused goods even after the expiration of the warehousing period under the Customs Act, 1962. It ruled that the Company was not liable to pay duty, penalty, or interest on the goods after relinquishing title. The court dismissed the appeal, granting the Commissioner of Customs the liberty to recover rent, interest, and penalty until the date of relinquishment, with the balance amount from the deposited sum to be refunded to the respondent Company. en-us Thu, 02 Aug 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2164 The court upheld the respondent Company's right to relinquish title to warehoused goods even after the expiration of the warehousing period under the Customs Act, 1962. It ruled that the Company was not liable to pay duty, penalty, or interest on the goods after relinquishing title. The court dismissed the appeal, granting the Commissioner of Customs the liberty to recover rent, interest, and penalty until the date of relinquishment, with the balance amount from the deposited sum to be refunded to the respondent Company. Case-Laws Customs Thu, 02 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2164