https://www.taxtmi.com/caselaws?id=369498 The appeals were filed against a common impugned order by the Commissioner (A) regarding the de-bonding of goods from a private bonded warehouse. The appellants, manufacturers of plastic processing machines, faced potential violation of Section 72(b) of the Customs Act, 1962 due to expired validity of warehoused goods. The appellant's argument, supported by Circular No.7 of 2005-Cus. and a previous Tribunal decision, prevailed. The Judicial Member held that the warehousing period automatically extended until 5.7.2014, making the duty demand and penalty imposition legally unsustainable. Consequently, the impugned order was set aside, and the appeals were allowed. en-us Thu, 25 Oct 2018 00:00:00 +0530 Sat, 22 Feb 2020 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369498 The appeals were filed against a common impugned order by the Commissioner (A) regarding the de-bonding of goods from a private bonded warehouse. The appellants, manufacturers of plastic processing machines, faced potential violation of Section 72(b) of the Customs Act, 1962 due to expired validity of warehoused goods. The appellant's argument, supported by Circular No.7 of 2005-Cus. and a previous Tribunal decision, prevailed. The Judicial Member held that the warehousing period automatically extended until 5.7.2014, making the duty demand and penalty imposition legally unsustainable. Consequently, the impugned order was set aside, and the appeals were allowed. Case-Laws Central Excise Thu, 25 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369498