https://www.taxtmi.com/caselaws?id=170295 Duty-free import of durable containers under Notification No. 104/94-Cus. required execution of a bond and re-export within six months, with duty becoming payable if re-export did not occur. The Tribunal held that the proviso invoked by Revenue was meant for cases where extension of time for re-export was sought. On the stated facts, the importer did not re-export one container for compelling reasons but paid the duty leviable under the notification, thereby discharging the liability in the manner contemplated by the scheme. Confiscation was therefore not justified, and the consequential redemption fine and penalty could not be sustained. en-us Tue, 16 Nov 2010 00:00:00 +0530 Thu, 21 May 2015 18:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170295 Duty-free import of durable containers under Notification No. 104/94-Cus. required execution of a bond and re-export within six months, with duty becoming payable if re-export did not occur. The Tribunal held that the proviso invoked by Revenue was meant for cases where extension of time for re-export was sought. On the stated facts, the importer did not re-export one container for compelling reasons but paid the duty leviable under the notification, thereby discharging the liability in the manner contemplated by the scheme. Confiscation was therefore not justified, and the consequential redemption fine and penalty could not be sustained. Case-Laws Customs Tue, 16 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170295