https://www.taxtmi.com/caselaws?id=43211 The court ruled in favor of the petitioners, holding that the importation was complete when the goods entered the territorial waters of India on 2nd October 1986. As a result, the petitioners were entitled to the exemptions available on that date. The assessment made on 7th October 1986 was set aside, and the respondents were directed to reassess the duty and refund the excess amount paid by the petitioners. en-us Fri, 16 Dec 1988 00:00:00 +0530 Wed, 16 Jun 2010 17:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43211 The court ruled in favor of the petitioners, holding that the importation was complete when the goods entered the territorial waters of India on 2nd October 1986. As a result, the petitioners were entitled to the exemptions available on that date. The assessment made on 7th October 1986 was set aside, and the respondents were directed to reassess the duty and refund the excess amount paid by the petitioners. Case-Laws Customs Fri, 16 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43211