TaxTMI 
TaxTMI 
Court Rules Seized Goods Must Be Released; "Imported Goods" Status Changed After Clearance for Home Consumption, Section 2(25.
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....Seeking release of seized goods - goods purchased by the petitioner from an importer - As per definition under Section 2(25) of the Act, the term “imported goods” clearly changes the nature, once the same are cleared for home consumption. - The respondents were not within their rights to seize/ confiscate the said goods. - HC....