2026 (3) TMI 771

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....pta, Adv., Mr. Karan Lahiri, Adv. ORDER 1. Learned counsel for the appellant states that the present appeal raises the following substantial questions of law: a) Whether the High Court was justified in holding that the appellant is not entitled to the benefits of Customs Notification No. 31/1997 on the ground that the Duty Exemption Entitlement Certificate licence expired when the clearance of the goods took place from the Customs House? and b) Whether for obtaining the benefits of the exemption notification, the advance licence in question has to be valid at the time when the goods are taken delivery from the bonded warehouse? 2. The facts of the present case are in a rather narrow compass. A. The appell....

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....before the date of entry inwards of the vessel or the arrival of the aircraft or the vehicle by which the goods are imported, the bill of entry shall be deemed to have been presented on the date of such entry inwards or the arrival, as the case may be. (2) The provisions of this section shall not apply to baggage and goods imported by post. xxxx xxxx xxxx xxxx 68. Clearance of warehoused goods for home consumption.- Any warehoused goods may be cleared from the warehouse for home consumption, if- (a) a bill of entry for home consumption in respect of such goods has been presented in the prescribed form; (b) the import duty, interest, fine and penalties payable in respect of such goods have been pa....