https://www.taxtmi.com/caselaws?id=755549 A notify party under a bill of lading was not treated as an importer for Customs Act purposes because the shipping documents needed to complete the transaction and secure delivery through the bank had not been received. In the absence of completion of the import transaction and without the documents required for clearance, the party did not satisfy the meaning of importer under Section 2(26) of the Customs Act, 1962, and had not crossed the threshold under Section 46 to file a Bill of Entry for home consumption. Penalty for abandoned cargo was therefore unsustainable, and the impugned penalty order was liable to be quashed. en-us Tue, 09 Jul 2024 00:00:00 +0530 Fri, 11 Apr 2025 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755549 A notify party under a bill of lading was not treated as an importer for Customs Act purposes because the shipping documents needed to complete the transaction and secure delivery through the bank had not been received. In the absence of completion of the import transaction and without the documents required for clearance, the party did not satisfy the meaning of importer under Section 2(26) of the Customs Act, 1962, and had not crossed the threshold under Section 46 to file a Bill of Entry for home consumption. Penalty for abandoned cargo was therefore unsustainable, and the impugned penalty order was liable to be quashed. Case-Laws Customs Tue, 09 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755549