https://www.taxtmi.com/caselaws?id=52695 Warehoused goods cleared ex-bond under Section 68 were held to fall under the warehousing framework of Section 61, not Section 47 of the Customs Act, 1962. Interest for delayed clearance may arise only within the limits applicable to warehoused goods under Section 61, whereas Section 47 governs goods cleared for home consumption. On that reasoning, Section 47 interest could not be levied on ex-bond clearance of warehoused goods, and the contrary orders of the lower authorities were unsustainable. en-us Wed, 28 Jan 2004 00:00:00 +0530 Thu, 07 Oct 2010 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52695 Warehoused goods cleared ex-bond under Section 68 were held to fall under the warehousing framework of Section 61, not Section 47 of the Customs Act, 1962. Interest for delayed clearance may arise only within the limits applicable to warehoused goods under Section 61, whereas Section 47 governs goods cleared for home consumption. On that reasoning, Section 47 interest could not be levied on ex-bond clearance of warehoused goods, and the contrary orders of the lower authorities were unsustainable. Case-Laws Customs Wed, 28 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52695