https://www.taxtmi.com/caselaws?id=753596 Goods lawfully brought into an SEZ and destroyed in an accidental fire are not treated as having been used for unauthorised operations merely because they were lost before clearance for home consumption. The note states that customs duty remission remains available under the Customs Act despite the SEZ Rules, and distinguishes warehouse-bonded goods from the SEZ regime. It also records that a duty demand cannot be sustained on the entire stock value at the time of the fire without evidence of actual destruction, especially where the loss was reported promptly and verified by the authorities. en-us Wed, 05 Jun 2024 00:00:00 +0530 Wed, 05 Jun 2024 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753596 Goods lawfully brought into an SEZ and destroyed in an accidental fire are not treated as having been used for unauthorised operations merely because they were lost before clearance for home consumption. The note states that customs duty remission remains available under the Customs Act despite the SEZ Rules, and distinguishes warehouse-bonded goods from the SEZ regime. It also records that a duty demand cannot be sustained on the entire stock value at the time of the fire without evidence of actual destruction, especially where the loss was reported promptly and verified by the authorities. Case-Laws Customs Wed, 05 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753596