1999 (7) TMI 69 - SUPREME COURT

Levy of customs duty under the provisions of the Sea Customs Act

Held that:- Duty has to be paid with reference to the relevant date as per Section 15 of the Customs Act. We, accordingly, allow these appeals and set aside the judgment of the Bombay High Court wherein held that as the goods were exempt from payment of tax on the day when they entered the territorial waters no customs duty was payable. Appeal allowed.