https://www.taxtmi.com/caselaws?id=104335 Duty-free imports under the Pass Book scheme required prior disclosure and endorsement where goods were to be used through an intermediate manufacturer or in the importer's own factory. The absence of the intermediate manufacturer's name on the Pass Book at the material time meant the exemption conditions were not met, and a later endorsement did not cure the earlier non-compliance. The policy requirements were not otherwise shown to have been satisfied by actual processing in the importer's factory, so confiscation under the Customs Act was justified. Subsequent documents evidencing export obligation compliance were treated as mitigating factors, leading to reduction of the redemption fine and penalty. en-us Mon, 18 Dec 1995 00:00:00 +0530 Tue, 28 Feb 2012 17:03:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104335 Duty-free imports under the Pass Book scheme required prior disclosure and endorsement where goods were to be used through an intermediate manufacturer or in the importer's own factory. The absence of the intermediate manufacturer's name on the Pass Book at the material time meant the exemption conditions were not met, and a later endorsement did not cure the earlier non-compliance. The policy requirements were not otherwise shown to have been satisfied by actual processing in the importer's factory, so confiscation under the Customs Act was justified. Subsequent documents evidencing export obligation compliance were treated as mitigating factors, leading to reduction of the redemption fine and penalty. Case-Laws Customs Mon, 18 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104335