https://www.taxtmi.com/caselaws?id=256552 The court found appellants in violation of the Advance Licensing Scheme conditions by using duty-free imported raw materials for domestic sales before meeting export obligations. Penalties were imposed under the Customs Act, 1962, with some penalties reduced based on individual roles. The court confirmed demands for excess imports, surplus raw materials usage, and undervaluation, while accepting liability for a shortfall in export obligations. The appeals were mostly dismissed, except for modifications in penalties for certain appellants, with penalties upheld or reduced based on involvement and roles in the violations. en-us Mon, 21 Jul 2014 00:00:00 +0530 Mon, 08 Feb 2016 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256552 The court found appellants in violation of the Advance Licensing Scheme conditions by using duty-free imported raw materials for domestic sales before meeting export obligations. Penalties were imposed under the Customs Act, 1962, with some penalties reduced based on individual roles. The court confirmed demands for excess imports, surplus raw materials usage, and undervaluation, while accepting liability for a shortfall in export obligations. The appeals were mostly dismissed, except for modifications in penalties for certain appellants, with penalties upheld or reduced based on involvement and roles in the violations. Case-Laws Customs Mon, 21 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256552