https://www.taxtmi.com/caselaws?id=126289 The Appellate Tribunal CESTAT, Bangalore granted a complete waiver of pre-deposit amounts demanded from a 100% EOU licensed for manufacturing Numbering Machines. The Tribunal acknowledged the partial fulfillment of export obligations, emphasized duty payment based on depreciated values for Capital Goods and unused raw materials, and highlighted the absence of provisions for demanding duty on used items. A stay order was issued, preventing Revenue from taking coercive measures, even after 180 days, to allow for a thorough examination of the case's merits. The judgment underscored the significance of considering the actual use of imported goods in determining duty liabilities. en-us Thu, 26 Mar 2009 00:00:00 +0530 Mon, 05 Nov 2012 12:40:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126289 The Appellate Tribunal CESTAT, Bangalore granted a complete waiver of pre-deposit amounts demanded from a 100% EOU licensed for manufacturing Numbering Machines. The Tribunal acknowledged the partial fulfillment of export obligations, emphasized duty payment based on depreciated values for Capital Goods and unused raw materials, and highlighted the absence of provisions for demanding duty on used items. A stay order was issued, preventing Revenue from taking coercive measures, even after 180 days, to allow for a thorough examination of the case's merits. The judgment underscored the significance of considering the actual use of imported goods in determining duty liabilities. Case-Laws Customs Thu, 26 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126289