https://www.taxtmi.com/caselaws?id=126923 The Tribunal dismissed the appeal, upholding the dropping of duty demand and interest levy on imported raw material under specific advance licenses. The decision was based on the evidence provided by the respondents, including certification of export obligation fulfillment, which supported the conclusion that duties were not payable due to compliance with notification terms. The Tribunal clarified that the retrospective application of interest levy under Section 28AB was not permissible, aligning with legal precedent and justifying the dismissal of the penalty imposition under Section 114A. en-us Wed, 24 Sep 2008 00:00:00 +0530 Wed, 06 Feb 2013 10:13:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126923 The Tribunal dismissed the appeal, upholding the dropping of duty demand and interest levy on imported raw material under specific advance licenses. The decision was based on the evidence provided by the respondents, including certification of export obligation fulfillment, which supported the conclusion that duties were not payable due to compliance with notification terms. The Tribunal clarified that the retrospective application of interest levy under Section 28AB was not permissible, aligning with legal precedent and justifying the dismissal of the penalty imposition under Section 114A. Case-Laws Customs Wed, 24 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126923