https://www.taxtmi.com/caselaws?id=107695 Duty-free re-importation was conditional on re-export within the stipulated or extended period, and where that condition was not met in time, the duty-free facility ceased and the customs duty liability under the bond and bank guarantee became enforceable. The demand for customs duty and invocation of the bank guarantee were upheld. Subsequent re-export of the goods was relevant only to whether drawback could be considered on the duty already recovered, and the matter was remanded to the original authority for examination of that claim. The duty demand on re-import remained affirmed, subject to consideration of drawback arising from the later re-export. en-us Thu, 27 Mar 2003 00:00:00 +0530 Sat, 24 Mar 2012 13:47:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107695 Duty-free re-importation was conditional on re-export within the stipulated or extended period, and where that condition was not met in time, the duty-free facility ceased and the customs duty liability under the bond and bank guarantee became enforceable. The demand for customs duty and invocation of the bank guarantee were upheld. Subsequent re-export of the goods was relevant only to whether drawback could be considered on the duty already recovered, and the matter was remanded to the original authority for examination of that claim. The duty demand on re-import remained affirmed, subject to consideration of drawback arising from the later re-export. Case-Laws Central Excise Thu, 27 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107695