https://www.taxtmi.com/caselaws?id=124933 The Commissioner (Appeals) found that the respondents, a 100% EOU, had substantively complied by using imported inputs for manufacturing goods for export, despite the expiration of the storage period without an extension. The Tribunal emphasized that the procedural omissions in extending the warehousing period did not warrant penal consequences, as the primary objective of utilizing the inputs for manufacturing and exporting goods had been achieved. Consequently, the Tribunal rejected the Revenue's appeal, deeming the demand for customs duty, penalty, and interest as unsustainable. en-us Fri, 29 Aug 2008 00:00:00 +0530 Wed, 17 Oct 2012 12:30:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124933 The Commissioner (Appeals) found that the respondents, a 100% EOU, had substantively complied by using imported inputs for manufacturing goods for export, despite the expiration of the storage period without an extension. The Tribunal emphasized that the procedural omissions in extending the warehousing period did not warrant penal consequences, as the primary objective of utilizing the inputs for manufacturing and exporting goods had been achieved. Consequently, the Tribunal rejected the Revenue's appeal, deeming the demand for customs duty, penalty, and interest as unsustainable. Case-Laws Central Excise Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124933