https://www.taxtmi.com/caselaws?id=781500 CESTAT held the term "importer" under s.2(26) Customs Act is confined to the period between importation and clearance for home consumption; only persons with ownership or control during that period qualify. The appellant had no role or control prior to clearance and acquired ownership only thereafter, so was not liable for customs duty or interest under s.28. Absolute confiscation was unsustainable as gold is restricted, not prohibited, and penalty under s.112(b)(i) was unwarranted. The impugned order was set aside and the Adjudicating Authority's Order-in-Original restored; appeal disposed. en-us Thu, 13 Nov 2025 00:00:00 +0530 Mon, 17 Nov 2025 08:36:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781500 CESTAT held the term "importer" under s.2(26) Customs Act is confined to the period between importation and clearance for home consumption; only persons with ownership or control during that period qualify. The appellant had no role or control prior to clearance and acquired ownership only thereafter, so was not liable for customs duty or interest under s.28. Absolute confiscation was unsustainable as gold is restricted, not prohibited, and penalty under s.112(b)(i) was unwarranted. The impugned order was set aside and the Adjudicating Authority's Order-in-Original restored; appeal disposed. Case-Laws Customs Thu, 13 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781500