https://www.taxtmi.com/caselaws?id=117972 Under an EPCG licence, demand for alleged non-fulfilment of export obligation cannot be confirmed while the extended licence period is still subsisting, because compliance has not yet become final for adjudication and the demand is premature. Exports made through another concern under the licence, supported by shipping bills and bank realisation certificates, must also be counted when assessing whether the export obligation has been met. The adjudication was set aside and the matter remanded for fresh consideration after expiry of the licence period, with directions to assess the full export record. en-us Tue, 07 Mar 2006 00:00:00 +0530 Wed, 27 Jun 2012 16:23:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117972 Under an EPCG licence, demand for alleged non-fulfilment of export obligation cannot be confirmed while the extended licence period is still subsisting, because compliance has not yet become final for adjudication and the demand is premature. Exports made through another concern under the licence, supported by shipping bills and bank realisation certificates, must also be counted when assessing whether the export obligation has been met. The adjudication was set aside and the matter remanded for fresh consideration after expiry of the licence period, with directions to assess the full export record. Case-Laws Customs Tue, 07 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117972