https://www.taxtmi.com/caselaws?id=371190 The commentary explains that an into-bond bill of entry is only a warehousing step, while the ex-bond bill of entry is the final assessment stage and the proper point to challenge valuation. It also states that exemption under Notifications No. 25/99-Cus and 25/2002-Cus cannot be denied merely because the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 1996 were not fully complied with at debonding, where the goods remained under customs control and the substantive conditions for exemption were met. The stated legal position is that procedural lapses should not defeat the benefit of exemption. en-us Thu, 29 Nov 2018 00:00:00 +0530 Fri, 06 Mar 2020 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371190 The commentary explains that an into-bond bill of entry is only a warehousing step, while the ex-bond bill of entry is the final assessment stage and the proper point to challenge valuation. It also states that exemption under Notifications No. 25/99-Cus and 25/2002-Cus cannot be denied merely because the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 1996 were not fully complied with at debonding, where the goods remained under customs control and the substantive conditions for exemption were met. The stated legal position is that procedural lapses should not defeat the benefit of exemption. Case-Laws Customs Thu, 29 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371190