https://www.taxtmi.com/caselaws?id=470253 Capital goods imported for use in a warehouse operating under section 65 remain covered by section 61(1)(a) where their intended project use is later prevented by design or layout constraints. "Intended for use" does not require actual installation or use if the goods were imported for that purpose. Solar modules that could not be installed and were subsequently cleared ex-bond therefore retained their character as capital goods intended for warehouse use. The article states that interest under section 61(2) was not payable on their clearance. It also distinguishes the cited circular provision as applying to goods under section 61(1)(c), not such capital goods. en-us Tue, 30 Jul 2024 00:00:00 +0530 Tue, 21 Jul 2026 19:10:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470253 Capital goods imported for use in a warehouse operating under section 65 remain covered by section 61(1)(a) where their intended project use is later prevented by design or layout constraints. "Intended for use" does not require actual installation or use if the goods were imported for that purpose. Solar modules that could not be installed and were subsequently cleared ex-bond therefore retained their character as capital goods intended for warehouse use. The article states that interest under section 61(2) was not payable on their clearance. It also distinguishes the cited circular provision as applying to goods under section 61(1)(c), not such capital goods. Case-Laws Customs Tue, 30 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470253