https://www.taxtmi.com/caselaws?id=2894 The Supreme Court determined that the duty rate for imported goods cleared for home consumption should be based on the date the Bill of Entry is presented under Section 15(1)(a) of the Customs Act, 1962. It held that once goods are cleared for home consumption, they are not considered warehoused goods, and subsequent duty rate changes do not apply. The Court upheld the Tribunal's decision, dismissing appeals and directing Customs Authorities to address the respondent's interest claim on the refunded duty amount under Section 27A of the Act. en-us Fri, 01 Feb 2008 00:00:00 +0530 Wed, 16 Apr 2008 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2894 The Supreme Court determined that the duty rate for imported goods cleared for home consumption should be based on the date the Bill of Entry is presented under Section 15(1)(a) of the Customs Act, 1962. It held that once goods are cleared for home consumption, they are not considered warehoused goods, and subsequent duty rate changes do not apply. The Court upheld the Tribunal's decision, dismissing appeals and directing Customs Authorities to address the respondent's interest claim on the refunded duty amount under Section 27A of the Act. Case-Laws Customs Fri, 01 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2894