https://www.taxtmi.com/caselaws?id=211651 In a dispute involving a 100% export-oriented unit that had not fulfilled its export obligation after importing raw materials duty free, the Tribunal had set aside duty, interest and penalty demands on the view that the demand could not stand without an option of re-warehousing or re-exporting the unutilised materials and by extending the bond period. As the assessee had not sought re-warehousing or extension of the bond period, the Tribunal's order was quashed and the matter was remitted for de novo consideration in accordance with law. The merits of the duty, interest and penalty demands were left open. en-us Thu, 22 Mar 2012 00:00:00 +0530 Sat, 04 Jan 2014 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211651 In a dispute involving a 100% export-oriented unit that had not fulfilled its export obligation after importing raw materials duty free, the Tribunal had set aside duty, interest and penalty demands on the view that the demand could not stand without an option of re-warehousing or re-exporting the unutilised materials and by extending the bond period. As the assessee had not sought re-warehousing or extension of the bond period, the Tribunal's order was quashed and the matter was remitted for de novo consideration in accordance with law. The merits of the duty, interest and penalty demands were left open. Case-Laws Customs Thu, 22 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211651