https://www.taxtmi.com/caselaws?id=42091 The Full Bench of the High Court determined that the taxable event for imported goods occurs when they enter Indian territorial waters, triggering the levy of Customs duty under Section 12 of the Customs Act. Goods entering on February 27, 1979, were found exempt from duty despite being unloaded after the duty imposition on March 1, 1979. The court clarified that the temporary departure of goods for Karachi did not constitute export, maintaining their imported status. The goods were not considered re-imported upon the vessel's return from Karachi, leading to the petitioners being granted relief and assessment orders canceled. en-us Wed, 28 Oct 1987 00:00:00 +0530 Wed, 09 Jun 2010 10:45:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42091 The Full Bench of the High Court determined that the taxable event for imported goods occurs when they enter Indian territorial waters, triggering the levy of Customs duty under Section 12 of the Customs Act. Goods entering on February 27, 1979, were found exempt from duty despite being unloaded after the duty imposition on March 1, 1979. The court clarified that the temporary departure of goods for Karachi did not constitute export, maintaining their imported status. The goods were not considered re-imported upon the vessel's return from Karachi, leading to the petitioners being granted relief and assessment orders canceled. Case-Laws Customs Wed, 28 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42091