https://www.taxtmi.com/news?id=868 Cases on de-bonding hold that duty, confiscation and penalty for non-fulfilment of export obligations require a prior definite finding and proper adjudication; procedural lapses alone do not justify demands when statutory approvals for changed use exist. On debonding, capital goods manifestly used in export production or where obligations are partially fulfilled attract depreciation benefit and duty assessed on depreciated value, whereas breach of post-import conditions can disallow notification benefits and render goods confiscable, with remand appropriate where records lack findings. en-us Thu, 28 May 2009 21:18:46 +0530 Thu, 28 May 2009 21:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=868 Cases on de-bonding hold that duty, confiscation and penalty for non-fulfilment of export obligations require a prior definite finding and proper adjudication; procedural lapses alone do not justify demands when statutory approvals for changed use exist. On debonding, capital goods manifestly used in export production or where obligations are partially fulfilled attract depreciation benefit and duty assessed on depreciated value, whereas breach of post-import conditions can disallow notification benefits and render goods confiscable, with remand appropriate where records lack findings. News - Thu, 28 May 2009 21:18:46 +0530 https://www.taxtmi.com/news?id=868