https://www.taxtmi.com/caselaws?id=51778 Duty-free imported raw materials used by the importer in its own premises for manufacture of IP-grade products did not amount to prohibited disposal under the exemption notifications. The expression "disposed of in any other manner" was read ejusdem generis with "sold, loaned, transferred" and confined to parting with the goods as imported, not their use in further production. The fulfillment of export obligations and discharge of the bonds supported the exemption claim, and the proviso to the notification also indicated that replenished materials could be used for further manufacture subject to actual user conditions. On that construction, no duty demand or penalty was sustainable. en-us Fri, 29 Nov 2002 00:00:00 +0530 Tue, 28 Sep 2010 11:48:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51778 Duty-free imported raw materials used by the importer in its own premises for manufacture of IP-grade products did not amount to prohibited disposal under the exemption notifications. The expression "disposed of in any other manner" was read ejusdem generis with "sold, loaned, transferred" and confined to parting with the goods as imported, not their use in further production. The fulfillment of export obligations and discharge of the bonds supported the exemption claim, and the proviso to the notification also indicated that replenished materials could be used for further manufacture subject to actual user conditions. On that construction, no duty demand or penalty was sustainable. Case-Laws Customs Fri, 29 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51778