https://www.taxtmi.com/caselaws?id=100993 Duty-free imports and indigenous procurements under an export-oriented exemption scheme remained subject to a continuing export obligation, and breach of that condition justified recovery of duty, confiscation and penalty. The limitation plea was rejected because the liability arose from failure to satisfy the exemption conditions, not a mere short-levy situation. Jurisdiction to deal with the customs and central excise demands was upheld on the basis of the administrative scheme and the controlling circular. Duty, redemption fine and penalty were required to be computed on depreciated value, and the AR-4 export claim had to be reconsidered on the basis of collateral evidence after giving the assessee an opportunity to produce material. en-us Mon, 07 Jan 2002 00:00:00 +0530 Wed, 08 Feb 2012 12:23:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100993 Duty-free imports and indigenous procurements under an export-oriented exemption scheme remained subject to a continuing export obligation, and breach of that condition justified recovery of duty, confiscation and penalty. The limitation plea was rejected because the liability arose from failure to satisfy the exemption conditions, not a mere short-levy situation. Jurisdiction to deal with the customs and central excise demands was upheld on the basis of the administrative scheme and the controlling circular. Duty, redemption fine and penalty were required to be computed on depreciated value, and the AR-4 export claim had to be reconsidered on the basis of collateral evidence after giving the assessee an opportunity to produce material. Case-Laws Central Excise Mon, 07 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100993