https://www.taxtmi.com/caselaws?id=2962 Imported warehoused goods claimed to be defective may attract remission rather than duty where the record shows they remained in bonded storage and became unfit for use without wilful act, negligence, or default by the importer. The note applies Notification No. 77/80-Cus and the remission principles for warehoused goods, stating that duty was not sustainable on goods not clandestinely removed and that confiscation and penalty could not stand on those facts. The operative point is that remission and exemption principles may independently protect the importer when deterioration, damage, or loss is established in the statutory sense. 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 warehoused goods claimed to be defective may attract remission rather than duty where the record shows they remained in bonded storage and became unfit for use without wilful act, negligence, or default by the importer. The note applies Notification No. 77/80-Cus and the remission principles for warehoused goods, stating that duty was not sustainable on goods not clandestinely removed and that confiscation and penalty could not stand on those facts. The operative point is that remission and exemption principles may independently protect the importer when deterioration, damage, or loss is established in the statutory sense. Case-Laws Customs Wed, 10 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2962