https://www.taxtmi.com/caselaws?id=119745 The tribunal held that the appellant, a 100% EOU in garment manufacturing, failed to meet the required NFEP, rendering them ineligible for exemption under Notification No. 52/2003-Cus. This non-compliance led to a duty demand of Rs. 86,38,544 and a penalty under the Customs Act. The tribunal rejected arguments related to the closure of the unit and time-barring of the demand, emphasizing the appellant's obligation to fulfill export requirements. The appellant was directed to deposit 40 lakhs within 12 weeks, failing which the appeal would be dismissed. en-us Thu, 08 Jun 2006 00:00:00 +0530 Thu, 12 Jul 2012 18:23:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119745 The tribunal held that the appellant, a 100% EOU in garment manufacturing, failed to meet the required NFEP, rendering them ineligible for exemption under Notification No. 52/2003-Cus. This non-compliance led to a duty demand of Rs. 86,38,544 and a penalty under the Customs Act. The tribunal rejected arguments related to the closure of the unit and time-barring of the demand, emphasizing the appellant's obligation to fulfill export requirements. The appellant was directed to deposit 40 lakhs within 12 weeks, failing which the appeal would be dismissed. Case-Laws Customs Thu, 08 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119745