https://www.taxtmi.com/caselaws?id=388811 The Supreme Court dismissed the review petition regarding the accumulated stock of Shark Fins, emphasizing the lack of technology for legal utilization and the burden placed on the petitioner due to procurement during an export ban. The court ruled that indefinite retention of the perishable stock without a clear plan was unjustified. As the petitioner failed to provide a specific timeframe for domestic use, the court ordered destruction of the goods under customs supervision if no clearance for permissible domestic use was sought within three weeks. en-us Tue, 18 Jun 2019 00:00:00 +0530 Sat, 23 Nov 2019 09:55:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388811 The Supreme Court dismissed the review petition regarding the accumulated stock of Shark Fins, emphasizing the lack of technology for legal utilization and the burden placed on the petitioner due to procurement during an export ban. The court ruled that indefinite retention of the perishable stock without a clear plan was unjustified. As the petitioner failed to provide a specific timeframe for domestic use, the court ordered destruction of the goods under customs supervision if no clearance for permissible domestic use was sought within three weeks. Case-Laws Customs Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388811