https://www.taxtmi.com/caselaws?id=45321 Countervailing duty was held payable on imported liquor once the taxable event of import occurred, even though the goods were later stored in a bonded warehouse and destroyed. The Court distinguished levy from collection: under Sections 27 and 28 of the Bihar and Orissa Excise Act, 1915, the duty charge arose on import, while collection could be postponed in specified cases. Subsequent destruction of the goods did not extinguish the accrued liability, and the demand for countervailing duty was upheld. en-us Tue, 14 Dec 1999 00:00:00 +0530 Sat, 10 Sep 2016 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45321 Countervailing duty was held payable on imported liquor once the taxable event of import occurred, even though the goods were later stored in a bonded warehouse and destroyed. The Court distinguished levy from collection: under Sections 27 and 28 of the Bihar and Orissa Excise Act, 1915, the duty charge arose on import, while collection could be postponed in specified cases. Subsequent destruction of the goods did not extinguish the accrued liability, and the demand for countervailing duty was upheld. Case-Laws Central Excise Tue, 14 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45321