Niyam v2 is live — start for just ₹100 — 200 credits to try

february 2020

Supreme Court of India · 2020-02-14

UNION OF INDIA vs M/S. ASSOCIATED CONTAINER TERMINAL LTD.

Citation / case number
SC 2008/12730
Court
Supreme Court of India
Petitioner
UNION OF INDIA
Respondent
M/S. ASSOCIATED CONTAINER TERMINAL LTD.
Author
HON'BLE MR. JUSTICE L. NAGESWARA RAO
Bench
HON'BLE MR. JUSTICE HEMANT GUPTA HON'BLE MR. JUSTICE L. NAGESWARA RAO

Judgment text excerpt

The Supreme Court upheld the High Court's decision that the demand for payment of Rs.27,47,146/- by the customs authorities was unauthorized under Section 72 of the Customs Act, 1962. The Court clarified that Section 72(1)(d) applies only when goods have not been cleared for home consumption, which does not pertain to the warehouse-keeper in this case. Consequently, the appellants were directed to refund the amount along with interest at 12% per annum.

UNION OF INDIA vs M/S. ASSOCIATED CONTAINER TERMINAL LTD. · Niyam