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2015 (8) TMI 455 - HC - CustomsSEZ Units - powers of the customs authorities in valuing and seizing the goods imported by a unit situated in Special Economic Zone – Liability to pay custom duty – Valuation of goods – Goods were meant for SEZ and on going to SEZ, they ought not to be liable for Customs duty - Therefore value of goods meant for SEZ could need not be determined under provisions of Section 14 of Customs Act, 1962 and could not have been confiscated – Held that:- Observation of the Tribunal in the paragraph 11, 12 and 13 of its order [2013 (9) TMI 424 - CESTAT AHMEDABAD] stayted It is, however, clarified that there is no stay against the final direction of the Tribunal reversing the judgment of the Commissioner of Customs, Kandla. Resultantly, the respondent would get the benefit of release of goods as per the final order of the Tribunal. Nevertheless, the declaration of legal position propounded by the Tribunal in the impugned order and noted above shall stand stayed. - Decided partly in favour of Revenue.
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