https://www.taxtmi.com/caselaws?id=795406 Capital goods intended for use in a warehouse licensed for manufacture or other operations may remain warehoused under Section 61(1)(a) of the Customs Act, 1962 without requiring actual installation or use. Where imported capital goods were brought into the licensed warehouse for manufacturing operations, subsequent clearance for home consumption due to operational reasons did not negate their original intended use. Clearance after satisfying this intended-use condition attracts customs duty but not interest under Section 61(2). A later clarification on interest could not alter this statutory interpretation where it conflicted with an earlier circular. en-us Fri, 17 Jul 2026 00:00:00 +0530 Mon, 20 Jul 2026 18:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795406 Capital goods intended for use in a warehouse licensed for manufacture or other operations may remain warehoused under Section 61(1)(a) of the Customs Act, 1962 without requiring actual installation or use. Where imported capital goods were brought into the licensed warehouse for manufacturing operations, subsequent clearance for home consumption due to operational reasons did not negate their original intended use. Clearance after satisfying this intended-use condition attracts customs duty but not interest under Section 61(2). A later clarification on interest could not alter this statutory interpretation where it conflicted with an earlier circular. Case-Laws Customs Fri, 17 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795406