https://www.taxtmi.com/caselaws?id=119974 The Tribunal confirmed the demand for duty and interest due to non-fulfillment of export obligations and improper installation of imported capital goods. However, it annulled penalties and confiscation orders, determining that the goods were not subject to confiscation under Section 111(o) of the Customs Act. The appellants must promptly pay the interest liability, with potential further proceedings by Revenue if they fail to comply. The appeal was resolved accordingly. en-us Tue, 05 Sep 2006 00:00:00 +0530 Fri, 23 Feb 2024 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119974 The Tribunal confirmed the demand for duty and interest due to non-fulfillment of export obligations and improper installation of imported capital goods. However, it annulled penalties and confiscation orders, determining that the goods were not subject to confiscation under Section 111(o) of the Customs Act. The appellants must promptly pay the interest liability, with potential further proceedings by Revenue if they fail to comply. The appeal was resolved accordingly. Case-Laws Customs Tue, 05 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119974