https://www.taxtmi.com/caselaws?id=378506 The Madras High Court analysis treats the Bill of Lading date as the relevant date for reckoning import under Foreign Trade Policy 2015-20, and not the Bill of Entry date for customs duty purposes. On that basis, later import restriction notifications on peas and dhalls were held not to defeat consignments where the import transactions had already crystallised and, in the facts noted, the operative restriction was stayed. The discussion also applies the cargo handling regulations to held goods, stating that detained consignments attract protection against demurrage charges. The consignments were released on compliance with directed conditions, with demurrage waived and liberty reserved to the authorities to proceed according to law. en-us Thu, 28 Mar 2019 00:00:00 +0530 Tue, 16 Apr 2019 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378506 The Madras High Court analysis treats the Bill of Lading date as the relevant date for reckoning import under Foreign Trade Policy 2015-20, and not the Bill of Entry date for customs duty purposes. On that basis, later import restriction notifications on peas and dhalls were held not to defeat consignments where the import transactions had already crystallised and, in the facts noted, the operative restriction was stayed. The discussion also applies the cargo handling regulations to held goods, stating that detained consignments attract protection against demurrage charges. The consignments were released on compliance with directed conditions, with demurrage waived and liberty reserved to the authorities to proceed according to law. Case-Laws Customs Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378506