https://www.taxtmi.com/caselaws?id=2620 The Appellate Tribunal allowed the Revenue's appeal against the Commissioner (Appeals) decision to set aside the demand for duty and interest on warehoused goods. The Tribunal emphasized the importer's failure to seek extension or removal of goods after the warehousing period expired, citing Sections 61 and 72 of the Customs Act. It clarified that importers are liable for duty and interest on goods not removed within the prescribed period, distinguishing the applicability of case laws pre and post-amendment of Section 61. The Tribunal set aside the impugned order, ruling in favor of the Revenue. en-us Sat, 13 Jan 2007 00:00:00 +0530 Wed, 16 Apr 2008 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2620 The Appellate Tribunal allowed the Revenue's appeal against the Commissioner (Appeals) decision to set aside the demand for duty and interest on warehoused goods. The Tribunal emphasized the importer's failure to seek extension or removal of goods after the warehousing period expired, citing Sections 61 and 72 of the Customs Act. It clarified that importers are liable for duty and interest on goods not removed within the prescribed period, distinguishing the applicability of case laws pre and post-amendment of Section 61. The Tribunal set aside the impugned order, ruling in favor of the Revenue. Case-Laws Customs Sat, 13 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2620