https://www.taxtmi.com/caselaws?id=42187 For warehoused imported raw materials and components, duty liability is determined by the customs law and exemption notification in force on the date of actual removal from the warehouse. The amended exemption notification of 5 June 1987 was treated as applicable to goods lying in bond when the prescribed conditions were satisfied, allowing clearance without payment of customs duty for supplies linked to aided projects. The note also records that the amendment permitted, in appropriate cases, use of the imported materials for other goods or transfer to an actual user, and that the petitioners' entitlement was recognised on clearance of the warehoused goods. en-us Tue, 28 Jul 1987 00:00:00 +0530 Wed, 09 Jun 2010 16:52:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42187 For warehoused imported raw materials and components, duty liability is determined by the customs law and exemption notification in force on the date of actual removal from the warehouse. The amended exemption notification of 5 June 1987 was treated as applicable to goods lying in bond when the prescribed conditions were satisfied, allowing clearance without payment of customs duty for supplies linked to aided projects. The note also records that the amendment permitted, in appropriate cases, use of the imported materials for other goods or transfer to an actual user, and that the petitioners' entitlement was recognised on clearance of the warehoused goods. Case-Laws Customs Tue, 28 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42187