https://www.taxtmi.com/caselaws?id=203627 Value addition conditions in an approval letter and the corresponding customs notification were treated as mandatory where the importer had accepted the terms and executed the prescribed bond; compliance with the export obligation and related conditions was therefore enforceable. The notice for penalty and customs demand was not treated as premature, because the facts showed the importer had already exhausted the imported components and had achieved only limited production and value addition before expiry of the stipulated period, with no prejudice shown from the timing. A discrimination plea based on alleged non-compliance in other cases did not excuse breach of the importer's own obligations, and comparative illegality could not confer a right to disregard the applicable requirements. en-us Thu, 06 May 2010 00:00:00 +0530 Thu, 09 Jun 2011 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203627 Value addition conditions in an approval letter and the corresponding customs notification were treated as mandatory where the importer had accepted the terms and executed the prescribed bond; compliance with the export obligation and related conditions was therefore enforceable. The notice for penalty and customs demand was not treated as premature, because the facts showed the importer had already exhausted the imported components and had achieved only limited production and value addition before expiry of the stipulated period, with no prejudice shown from the timing. A discrimination plea based on alleged non-compliance in other cases did not excuse breach of the importer's own obligations, and comparative illegality could not confer a right to disregard the applicable requirements. Case-Laws Central Excise Thu, 06 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203627