https://www.taxtmi.com/caselaws?id=92147 Imported capital goods covered by an export-oriented exemption notification were found to have remained within the factory, with no misuse alleged and no prescribed time limit for duty recovery in the notification. On those facts, the Tribunal treated the demand of customs duty and the redemption fine as unwarranted and set them aside. It also noted the importer's statement that it was not interested in redeeming the goods, while leaving open liability for duty, penalty or fine if redemption was later pursued. en-us Wed, 07 Jul 1999 00:00:00 +0530 Tue, 25 Oct 2011 11:24:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92147 Imported capital goods covered by an export-oriented exemption notification were found to have remained within the factory, with no misuse alleged and no prescribed time limit for duty recovery in the notification. On those facts, the Tribunal treated the demand of customs duty and the redemption fine as unwarranted and set them aside. It also noted the importer's statement that it was not interested in redeeming the goods, while leaving open liability for duty, penalty or fine if redemption was later pursued. Case-Laws Customs Wed, 07 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92147