https://www.taxtmi.com/caselaws?id=2962 Imported goods retained in bonded storage and found unfit for use without the importer's wilful act, negligence, or default qualify for the exemption proviso covering loss, destruction, damage, or deterioration. Warehoused goods not removed from the warehouse do not attract customs duty on the basis advanced by the Revenue, and remission principles may apply independently of exemption conditions. Consequently, customs duty, confiscation, and penalty are unsustainable where the goods remained uncleared and no clandestine removal occurred. en-us Wed, 10 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2962 Imported goods retained in bonded storage and found unfit for use without the importer's wilful act, negligence, or default qualify for the exemption proviso covering loss, destruction, damage, or deterioration. Warehoused goods not removed from the warehouse do not attract customs duty on the basis advanced by the Revenue, and remission principles may apply independently of exemption conditions. Consequently, customs duty, confiscation, and penalty are unsustainable where the goods remained uncleared and no clandestine removal occurred. Case-Laws Customs Wed, 10 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2962