https://www.taxtmi.com/caselaws?id=126464 An exemption under Notification No. 21/2002 was treated as available where imported goods were used for petroleum operations under a New Exploration Licensing Policy contract and the Directorate General of Hydrocarbons certificate confirmed that use. Delay in re-export beyond the period mentioned in the certificate was regarded as a procedural lapse, because the notification itself did not impose a time limit for re-export. On that prima facie view, denial of exemption was not justified for pre-deposit purposes, and complete waiver of pre-deposit with stay of recovery was granted pending appeal. en-us Tue, 16 Jun 2009 00:00:00 +0530 Tue, 06 Nov 2012 17:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126464 An exemption under Notification No. 21/2002 was treated as available where imported goods were used for petroleum operations under a New Exploration Licensing Policy contract and the Directorate General of Hydrocarbons certificate confirmed that use. Delay in re-export beyond the period mentioned in the certificate was regarded as a procedural lapse, because the notification itself did not impose a time limit for re-export. On that prima facie view, denial of exemption was not justified for pre-deposit purposes, and complete waiver of pre-deposit with stay of recovery was granted pending appeal. Case-Laws Customs Tue, 16 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126464