https://www.taxtmi.com/caselaws?id=120433 Duty-free imports received by a 100% EOU and clandestinely diverted in breach of the exemption conditions were liable to confiscation and recovery of customs duty, because the goods were shown to have been sold for cash and the importer's own material supported the finding of diversion. The challenge that the EOU was not the importer failed on the record. However, a penalty imposed on the Director in a composite form under the Customs Act and Central Excise Rules was held impermissible, so that penalty was set aside. en-us Wed, 18 Oct 2006 00:00:00 +0530 Thu, 19 Jul 2012 12:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120433 Duty-free imports received by a 100% EOU and clandestinely diverted in breach of the exemption conditions were liable to confiscation and recovery of customs duty, because the goods were shown to have been sold for cash and the importer's own material supported the finding of diversion. The challenge that the EOU was not the importer failed on the record. However, a penalty imposed on the Director in a composite form under the Customs Act and Central Excise Rules was held impermissible, so that penalty was set aside. Case-Laws Central Excise Wed, 18 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120433