No Confiscation on taking Prior Permission from Customs Dept for Storage of Non-Bonded Goods in Bonded Warehouse: CESTAT [Read Order]
CESTAT holds that no confiscation can be made on taking prior permission from the customs department for storage of non-bonded goods in bonded warehouse
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) held that no confiscation can be made on taking prior permission from the customs department for storage of non-bonded goods in bonded warehouse. On the basis of investigation, the officers found that the appellants had failed to comply with the…
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