https://www.taxtmi.com/caselaws?id=43588 Goods loaded on a vessel and lost by sinking within Indian territorial waters before crossing the outer territorial limit were treated as exported for drawback purposes under the Customs and Central Excise Duties Drawback Rules, 1971. The Court read the definitions of "export", "export goods" and "India" in the Customs Act, 1962 with the export-clearance and drawback scheme, holding that exportation is a process and that drawback is meant to apply once goods have passed out of the exporter's control and are no longer available for domestic consumption. On that construction, "India" was understood contextually as the landmass of India, so the rejection of drawback was erroneous and the impugned orders were quashed. en-us Fri, 08 May 1992 00:00:00 +0530 Fri, 18 Jun 2010 18:55:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43588 Goods loaded on a vessel and lost by sinking within Indian territorial waters before crossing the outer territorial limit were treated as exported for drawback purposes under the Customs and Central Excise Duties Drawback Rules, 1971. The Court read the definitions of "export", "export goods" and "India" in the Customs Act, 1962 with the export-clearance and drawback scheme, holding that exportation is a process and that drawback is meant to apply once goods have passed out of the exporter's control and are no longer available for domestic consumption. On that construction, "India" was understood contextually as the landmass of India, so the rejection of drawback was erroneous and the impugned orders were quashed. Case-Laws Customs Fri, 08 May 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43588