https://www.taxtmi.com/caselaws?id=84051 Where imported material remained available and there was no allegation of substitution or illicit removal, non-utilisation within the stipulated period was treated as a curable default rather than a basis to sustain confiscation, duty demand and penalty. The note records that, in view of difficulties in effecting exports and with export promotion considerations in mind, further time was granted for positive compliance. The confiscation, duty demand and penalty were set aside, and time was extended until the end of June 1992 to use the balance material and complete the export obligation, failing which the Department could proceed in accordance with law. en-us Wed, 08 Jan 1992 00:00:00 +0530 Tue, 19 Jul 2011 15:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84051 Where imported material remained available and there was no allegation of substitution or illicit removal, non-utilisation within the stipulated period was treated as a curable default rather than a basis to sustain confiscation, duty demand and penalty. The note records that, in view of difficulties in effecting exports and with export promotion considerations in mind, further time was granted for positive compliance. The confiscation, duty demand and penalty were set aside, and time was extended until the end of June 1992 to use the balance material and complete the export obligation, failing which the Department could proceed in accordance with law. Case-Laws Customs Wed, 08 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84051