https://www.taxtmi.com/caselaws?id=112161 Non-compliance with EPCG notification conditions led the Tribunal to reject a stay against confiscation of imported goods. It also declined complete waiver of pre-deposit of duty and penalty because the appellants had not fulfilled the export obligation and revenue interest required protection. Balancing hardship against security of the demand, the Tribunal granted only conditional relief by directing a limited pre-deposit and waiving the balance for the time being. The note reflects the principle that full waiver is not warranted where exemption conditions remain unmet and the revenue is at risk. en-us Thu, 24 Jun 2004 00:00:00 +0530 Thu, 26 Apr 2012 18:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112161 Non-compliance with EPCG notification conditions led the Tribunal to reject a stay against confiscation of imported goods. It also declined complete waiver of pre-deposit of duty and penalty because the appellants had not fulfilled the export obligation and revenue interest required protection. Balancing hardship against security of the demand, the Tribunal granted only conditional relief by directing a limited pre-deposit and waiving the balance for the time being. The note reflects the principle that full waiver is not warranted where exemption conditions remain unmet and the revenue is at risk. Case-Laws Customs Thu, 24 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112161