https://www.taxtmi.com/caselaws?id=48813 Warehoused goods not removed within the permitted period or any valid extension are treated as improperly removed, so the applicable duty rate is the rate in force on the date the warehousing period expires, not the rate on later actual clearance for home consumption. Interest on such goods is linked to the duty payable on that deemed removal and runs from expiry of the permitted period or extension until clearance from the warehouse. The computation cannot be shifted to an earlier notional date detached from the statutory delay in payment. en-us Tue, 09 May 2000 00:00:00 +0530 Fri, 06 Aug 2010 16:09:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48813 Warehoused goods not removed within the permitted period or any valid extension are treated as improperly removed, so the applicable duty rate is the rate in force on the date the warehousing period expires, not the rate on later actual clearance for home consumption. Interest on such goods is linked to the duty payable on that deemed removal and runs from expiry of the permitted period or extension until clearance from the warehouse. The computation cannot be shifted to an earlier notional date detached from the statutory delay in payment. Case-Laws Customs Tue, 09 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48813