https://www.taxtmi.com/caselaws?id=41907 For warehoused imported goods, the applicable customs duty rate and any exemption depend on the law in force on the date of removal from the warehouse under the Customs Act, 1962. Where an exemption notification is withdrawn before ex-bond clearance, the importer cannot claim the earlier exemption merely because the goods had entered territorial waters while it was still in force. The court therefore upheld the levy of auxiliary customs duty on brass scrap removed after withdrawal of the exemption. en-us Fri, 18 Apr 1986 00:00:00 +0530 Mon, 07 Jun 2010 18:22:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41907 For warehoused imported goods, the applicable customs duty rate and any exemption depend on the law in force on the date of removal from the warehouse under the Customs Act, 1962. Where an exemption notification is withdrawn before ex-bond clearance, the importer cannot claim the earlier exemption merely because the goods had entered territorial waters while it was still in force. The court therefore upheld the levy of auxiliary customs duty on brass scrap removed after withdrawal of the exemption. Case-Laws Customs Fri, 18 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41907