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2015 (7) TMI 61 - AT - CustomsExtension of warehousing period - Clandestine removal of goods - Held that:- According to Section 72 of Customs Act, 1962, if any warehoused goods are not removed from a warehouse on the expiration of period during which such goods are permitted under Section 61 to remain in the warehouse. The proper officer may demand duty and the owner of such goods shall forthwith pay, the full amount of duty chargeable on account of such goods together with all penalties, rent, interest and other charges payable in respect of such goods. In view of the specific provisions in the Section 72, once extension of time sought for storing goods in the warehouse is refused, the duty and interest and other liabilities automatically arise. - Therefore the impugned order cannot be found fault with - Decided against assessee.
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