https://www.taxtmi.com/caselaws?id=3750 The Tribunal overturned the Commissioner's order demanding duty on imported goods in a 100% EOU after the warehousing period expired. The Tribunal emphasized the liberal approach towards procedures for 100% EOUs, considering Circulars allowing extension of warehousing periods and destruction of obsolete goods. It noted the unique nature of goods in a 100% EOU and found no justification for demanding duty, especially when provisions existed for destruction of obsolete goods and relinquishment of title. Consequently, the appeal was allowed, setting aside the order demanding duty, interest, and penalties, providing consequential relief to the appellants. en-us Tue, 30 Oct 2007 00:00:00 +0530 Fri, 18 Dec 2015 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3750 The Tribunal overturned the Commissioner's order demanding duty on imported goods in a 100% EOU after the warehousing period expired. The Tribunal emphasized the liberal approach towards procedures for 100% EOUs, considering Circulars allowing extension of warehousing periods and destruction of obsolete goods. It noted the unique nature of goods in a 100% EOU and found no justification for demanding duty, especially when provisions existed for destruction of obsolete goods and relinquishment of title. Consequently, the appeal was allowed, setting aside the order demanding duty, interest, and penalties, providing consequential relief to the appellants. Case-Laws Customs Tue, 30 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3750