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The High Court of Bombay quashed 21 show cause notices issued to M/s W.G. Forge & Allied Industries Limited challenging duty payment on imported goods. The court ruled that duty rate should be based on the date goods are cleared from the bonded warehouse, not the date of import. The notices were found to be without jurisdiction and were struck down. (Case citation: 1990 (7) TMI 113 - High Court of Bombay)
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