https://www.taxtmi.com/caselaws?id=115354 Penalty on a 100% export oriented unit for using imported machinery and bonded warehousing premises to pre-cool grapes not meant for export was held unsustainable because the exemption notifications contained no express condition that the imported goods be used solely for export manufacture. The Tribunal followed its earlier view that, without such a restrictive clause, the foundation for penalty failed. The separate concurrence also noted that no confiscation of the seized goods had been ordered and no duty demand had been confirmed, which further supported setting aside the penalty in favour of the assessee. en-us Fri, 29 Apr 2005 00:00:00 +0530 Sat, 26 May 2012 13:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115354 Penalty on a 100% export oriented unit for using imported machinery and bonded warehousing premises to pre-cool grapes not meant for export was held unsustainable because the exemption notifications contained no express condition that the imported goods be used solely for export manufacture. The Tribunal followed its earlier view that, without such a restrictive clause, the foundation for penalty failed. The separate concurrence also noted that no confiscation of the seized goods had been ordered and no duty demand had been confirmed, which further supported setting aside the penalty in favour of the assessee. Case-Laws Central Excise Fri, 29 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115354