Section 45(3) Customs Act Inapplicable to Goods Lost in Super Cyclone: Orissa HC

Paradip Port Trust Vs Commissioner of Central Excise (Orissa High Court) The Orissa High Court heard an appeal filed by Paradip Port Trust (PPT) against the order of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Kolkata, which had upheld the confirmation of customs duty of ₹17,41,843 along with interest and equivalent penalty under Sections 114A and 117 of the Customs Act, 1962. The substantial questions before the Court were whether PPT was liable to pay customs duty on imported cargo covered by Bills of Entry but not cleared by the importer, and, if so, whether penalty...