https://www.taxtmi.com/caselaws?id=208756 The Tribunal allowed the appeals of a travel agency importing BMW cars under EPCG Licenses with exemption under Notification 44/2002-Cus. Customs alleged improper discharge of export obligations, leading to duty demand, penalties, and car confiscation. The agency argued compliance and presented Export Obligation Discharge Certificates. Customs contended the cars were mainly used for free services, questioning the source of foreign exchange for obligations. The Tribunal distinguished the case from Kumarakam Lake Resorts, finding no requirement for exclusive foreign exchange generation from car use, allowing the appeals and aligning with the High Court's decision. en-us Tue, 11 Oct 2011 00:00:00 +0530 Mon, 27 May 2013 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208756 The Tribunal allowed the appeals of a travel agency importing BMW cars under EPCG Licenses with exemption under Notification 44/2002-Cus. Customs alleged improper discharge of export obligations, leading to duty demand, penalties, and car confiscation. The agency argued compliance and presented Export Obligation Discharge Certificates. Customs contended the cars were mainly used for free services, questioning the source of foreign exchange for obligations. The Tribunal distinguished the case from Kumarakam Lake Resorts, finding no requirement for exclusive foreign exchange generation from car use, allowing the appeals and aligning with the High Court's decision. Case-Laws Customs Tue, 11 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208756