https://www.taxtmi.com/caselaws?id=250783 The court upheld the impugned order rejecting the extension of the export obligation period and inclusion of an alternate export product, as the petitioner failed to meet its obligations despite multiple extensions. The court found the rejection of further extension requests reasonable given the extensive period already granted. The petitioner's argument of impossibility of performance due to external factors was dismissed, emphasizing statutory obligations. The invocation of the bank guarantee was deemed lawful, and the court found no basis for further extension of the export obligations period. The petition was dismissed for lacking merit. en-us Wed, 30 Jul 2014 00:00:00 +0530 Sat, 10 Jan 2015 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250783 The court upheld the impugned order rejecting the extension of the export obligation period and inclusion of an alternate export product, as the petitioner failed to meet its obligations despite multiple extensions. The court found the rejection of further extension requests reasonable given the extensive period already granted. The petitioner's argument of impossibility of performance due to external factors was dismissed, emphasizing statutory obligations. The invocation of the bank guarantee was deemed lawful, and the court found no basis for further extension of the export obligations period. The petition was dismissed for lacking merit. Case-Laws Customs Wed, 30 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250783