https://www.taxtmi.com/caselaws?id=4323 The Tribunal set aside the duty demand on M/s. Gaia, confiscation of goods, and penalties imposed on M/s. Delta and other appellants. It held that the duty demand was not sustainable due to the extended Customs Bonded Warehouse Licence period. The confiscation of goods under Section 111(o) was deemed unjustified as the export obligation period had been extended. The Tribunal also found the show cause notice premature, ruling that duty could only be demanded after the bonding period expired. The majority decision allowed the appeals, setting aside the impugned order on 7-3-2008. en-us Fri, 07 Mar 2008 00:00:00 +0530 Thu, 26 Jun 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4323 The Tribunal set aside the duty demand on M/s. Gaia, confiscation of goods, and penalties imposed on M/s. Delta and other appellants. It held that the duty demand was not sustainable due to the extended Customs Bonded Warehouse Licence period. The confiscation of goods under Section 111(o) was deemed unjustified as the export obligation period had been extended. The Tribunal also found the show cause notice premature, ruling that duty could only be demanded after the bonding period expired. The majority decision allowed the appeals, setting aside the impugned order on 7-3-2008. Case-Laws Customs Fri, 07 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4323