https://www.taxtmi.com/caselaws?id=243265 The Tribunal upheld the confiscation of the Mercedes Benz Car imported under the EPCG Scheme due to non-compliance with post-import conditions, including failure to register the car as a tourist vehicle and fulfill export obligations. The applicants' arguments regarding relaxation of registration conditions and export fulfillment after registration were not accepted. The Tribunal stressed the importance of adhering to license conditions, utilizing imported vehicles for intended purposes, and meeting export obligations to avoid penalties and confiscation, emphasizing the significance of foreign exchange earnings in fulfilling export duties. en-us Mon, 02 Sep 2013 00:00:00 +0530 Wed, 29 Jan 2014 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243265 The Tribunal upheld the confiscation of the Mercedes Benz Car imported under the EPCG Scheme due to non-compliance with post-import conditions, including failure to register the car as a tourist vehicle and fulfill export obligations. The applicants' arguments regarding relaxation of registration conditions and export fulfillment after registration were not accepted. The Tribunal stressed the importance of adhering to license conditions, utilizing imported vehicles for intended purposes, and meeting export obligations to avoid penalties and confiscation, emphasizing the significance of foreign exchange earnings in fulfilling export duties. Case-Laws Customs Mon, 02 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243265