https://www.taxtmi.com/caselaws?id=245392 The Court set aside the order directing the petitioner to deposit a substantial amount under Rule 16-A of the Customs Rules for not producing bank realization certificates within the stipulated period. The Court directed the Revisional Authority to verify the petitioner's documentary evidence regarding the realization of export proceeds within the extended period granted by the Reserve Bank. The proceedings were restored for fresh disposal, with the petitioner instructed to provide all material evidence. A timeline of three months was set for completion, emphasizing expeditious resolution and factual verification. en-us Thu, 13 Mar 2014 00:00:00 +0530 Sat, 06 Sep 2014 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245392 The Court set aside the order directing the petitioner to deposit a substantial amount under Rule 16-A of the Customs Rules for not producing bank realization certificates within the stipulated period. The Court directed the Revisional Authority to verify the petitioner's documentary evidence regarding the realization of export proceeds within the extended period granted by the Reserve Bank. The proceedings were restored for fresh disposal, with the petitioner instructed to provide all material evidence. A timeline of three months was set for completion, emphasizing expeditious resolution and factual verification. Case-Laws Customs Thu, 13 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245392