https://www.taxtmi.com/caselaws?id=798938 Delayed clearance of warehoused goods beyond the permitted period under the Customs Act may trigger duty consequences, confiscation, penalty and redemption fine. Where the importer establishes justified circumstances for the delay, including commercial obsolescence and disruption, the delay does not constitute wilful suppression warranting penal consequences. Duty and interest remain payable for the delayed clearance, while redemption fine and penalty are not warranted where the delay is adequately explained. en-us Thu, 12 Feb 2026 00:00:00 +0530 Tue, 15 Sep 2026 08:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798938 Delayed clearance of warehoused goods beyond the permitted period under the Customs Act may trigger duty consequences, confiscation, penalty and redemption fine. Where the importer establishes justified circumstances for the delay, including commercial obsolescence and disruption, the delay does not constitute wilful suppression warranting penal consequences. Duty and interest remain payable for the delayed clearance, while redemption fine and penalty are not warranted where the delay is adequately explained. Case-Laws Customs Thu, 12 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798938