https://www.taxtmi.com/caselaws?id=126248 Inter-unit transfer of duty-free bonded goods imported under the EOU scheme was examined against the customs notification, the foreign trade policy and Board circulars. The analysis states that capital goods could be transferred to another EOU/STP unit on prior intimation or permission, and that the customs authorities could not reopen the basic exemption eligibility once the goods had been imported under the notification and continued in bond. It further notes that the definition of capital goods was treated broadly and that no revenue loss was shown. On that basis, the duty demand, interest and penalties were treated as unsustainable. en-us Tue, 10 Feb 2009 00:00:00 +0530 Tue, 01 Aug 2017 08:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126248 Inter-unit transfer of duty-free bonded goods imported under the EOU scheme was examined against the customs notification, the foreign trade policy and Board circulars. The analysis states that capital goods could be transferred to another EOU/STP unit on prior intimation or permission, and that the customs authorities could not reopen the basic exemption eligibility once the goods had been imported under the notification and continued in bond. It further notes that the definition of capital goods was treated broadly and that no revenue loss was shown. On that basis, the duty demand, interest and penalties were treated as unsustainable. Case-Laws Customs Tue, 10 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126248