https://www.taxtmi.com/caselaws?id=122126 Under the EPCG scheme, failure to fulfil the export obligation sustained the demand for differential customs duty, and partial fulfilment gave no relief because the notification in force did not provide proportionate benefit. However, once the duty element was addressed, confiscation of the imported capital goods could not be sustained, and the redemption fine and penalty were set aside as unwarranted. The Tribunal also directed verification of amounts already paid and encashed bank guarantees, with adjustment against the differential duty demand after scrutiny of the evidence. en-us Tue, 31 Oct 2006 00:00:00 +0530 Wed, 08 Aug 2012 17:43:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122126 Under the EPCG scheme, failure to fulfil the export obligation sustained the demand for differential customs duty, and partial fulfilment gave no relief because the notification in force did not provide proportionate benefit. However, once the duty element was addressed, confiscation of the imported capital goods could not be sustained, and the redemption fine and penalty were set aside as unwarranted. The Tribunal also directed verification of amounts already paid and encashed bank guarantees, with adjustment against the differential duty demand after scrutiny of the evidence. Case-Laws Customs Tue, 31 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122126