https://www.taxtmi.com/caselaws?id=95168 The Commissioner of Customs (Appeals) ruled in favor of the appellant, setting aside the order of confiscation, fine, and penalty imposed under the Customs Act, 1962. The judgment emphasized that the appellant's actions under the DEEC scheme, including fulfilling export obligations partially and obtaining necessary certificates, justified the regularization of the situation and negated the basis for further punitive measures. The court distinguished the present case from a cited precedent, highlighting the appellant's compliance with licensing requirements and export obligations. en-us Tue, 06 Jun 2000 00:00:00 +0530 Thu, 08 Dec 2011 14:32:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95168 The Commissioner of Customs (Appeals) ruled in favor of the appellant, setting aside the order of confiscation, fine, and penalty imposed under the Customs Act, 1962. The judgment emphasized that the appellant's actions under the DEEC scheme, including fulfilling export obligations partially and obtaining necessary certificates, justified the regularization of the situation and negated the basis for further punitive measures. The court distinguished the present case from a cited precedent, highlighting the appellant's compliance with licensing requirements and export obligations. Case-Laws Customs Tue, 06 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95168