https://www.taxtmi.com/caselaws?id=271836 The tribunal upheld the demand for duty on goods stocked in Duty Free Shops (DFS) after the bond period expired, emphasizing that the goods remained bonded until sold. The tribunal dismissed the appeal, citing violations of Customs Act sections and the necessity of maintaining detailed records for goods transferred to DFS. Remission of duty for flood-damaged goods was denied due to expired bond period violations. Previous judgments cited were distinguished, and the tribunal relied on legal precedents to support its decision. The appeal was dismissed, and the tribunal's decision was based on thorough analysis of procedural requirements and legal precedents. en-us Tue, 24 Nov 2015 00:00:00 +0530 Wed, 08 Feb 2017 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271836 The tribunal upheld the demand for duty on goods stocked in Duty Free Shops (DFS) after the bond period expired, emphasizing that the goods remained bonded until sold. The tribunal dismissed the appeal, citing violations of Customs Act sections and the necessity of maintaining detailed records for goods transferred to DFS. Remission of duty for flood-damaged goods was denied due to expired bond period violations. Previous judgments cited were distinguished, and the tribunal relied on legal precedents to support its decision. The appeal was dismissed, and the tribunal's decision was based on thorough analysis of procedural requirements and legal precedents. Case-Laws Customs Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271836