https://www.taxtmi.com/caselaws?id=95292 Imported truck components remained unutilised in the manufacture of export goods, so duty under Notification No. 77/80 was held payable because mere closure of the factory did not bring the case within the notification's waiver condition. The duty demand was therefore sustained. Penalty, however, was not maintainable because the record did not show any wilful attempt to evade duty or deliberate default by the importer, and the punitive component was set aside. en-us Sat, 04 Nov 2000 00:00:00 +0530 Sat, 10 Dec 2011 10:26:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95292 Imported truck components remained unutilised in the manufacture of export goods, so duty under Notification No. 77/80 was held payable because mere closure of the factory did not bring the case within the notification's waiver condition. The duty demand was therefore sustained. Penalty, however, was not maintainable because the record did not show any wilful attempt to evade duty or deliberate default by the importer, and the punitive component was set aside. Case-Laws Customs Sat, 04 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95292