https://www.taxtmi.com/caselaws?id=371011 Sales of imported furnace oil from a customs bonded warehouse, made against bills of entry for home consumption and clearance invoices, were treated as sales in the course of import under Section 5(2) of the Central Sales Tax Act, 1956. The operative principle stated was that import is completed only when goods cross the customs barriers and enter the mass of goods in the country, so a transfer linked to clearance before that stage remains import-linked. The objection that the agreement lacked proper stamp duty did not defeat the exemption claim, as insufficient stamping did not automatically render the document unusable and the customs authorities had not impounded it or enforced stamp consequences. en-us Tue, 23 Oct 2018 00:00:00 +0530 Wed, 28 Nov 2018 08:34:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371011 Sales of imported furnace oil from a customs bonded warehouse, made against bills of entry for home consumption and clearance invoices, were treated as sales in the course of import under Section 5(2) of the Central Sales Tax Act, 1956. The operative principle stated was that import is completed only when goods cross the customs barriers and enter the mass of goods in the country, so a transfer linked to clearance before that stage remains import-linked. The objection that the agreement lacked proper stamp duty did not defeat the exemption claim, as insufficient stamping did not automatically render the document unusable and the customs authorities had not impounded it or enforced stamp consequences. Case-Laws VAT and Sales Tax Tue, 23 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371011