https://www.taxtmi.com/caselaws?id=106039 Complete waiver of pre-deposit of duty and penalty was granted, and recovery was stayed pending appeal, because the record showed a strong prima facie case in favour of the appellants. The unit had exported goods and sought debonding, while closure and export-obligation issues remained pending before the competent authority. The customs authorities had not shown a definite conclusion by the Development Commissioner, and the departmental letter relied on required duty confirmation only after such conclusion. Balance of convenience and equity favoured the appellants, and the confiscation of imported and indigenous capital goods and raw materials was treated as sufficient protection for the revenue. en-us Tue, 04 Sep 2001 00:00:00 +0530 Mon, 12 Mar 2012 14:22:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106039 Complete waiver of pre-deposit of duty and penalty was granted, and recovery was stayed pending appeal, because the record showed a strong prima facie case in favour of the appellants. The unit had exported goods and sought debonding, while closure and export-obligation issues remained pending before the competent authority. The customs authorities had not shown a definite conclusion by the Development Commissioner, and the departmental letter relied on required duty confirmation only after such conclusion. Balance of convenience and equity favoured the appellants, and the confiscation of imported and indigenous capital goods and raw materials was treated as sufficient protection for the revenue. Case-Laws Customs Tue, 04 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106039