https://www.taxtmi.com/caselaws?id=2607 Where the export obligation period under an EPCG licence is validly extended, customs duty and interest demands based on an earlier block-year default cannot survive on that basis. The demand under one licence was set aside because the extended period made the original duty trigger redundant, though the authority was left free to act if default arose after expiry of the extension. For the other licence, the extension was accepted in principle but the operative date and effect of later exports required fresh examination, so the demand order was set aside and the matter remanded for reconsideration after hearing the assessee. en-us Fri, 31 Aug 2007 00:00:00 +0530 Wed, 16 Apr 2008 09:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2607 Where the export obligation period under an EPCG licence is validly extended, customs duty and interest demands based on an earlier block-year default cannot survive on that basis. The demand under one licence was set aside because the extended period made the original duty trigger redundant, though the authority was left free to act if default arose after expiry of the extension. For the other licence, the extension was accepted in principle but the operative date and effect of later exports required fresh examination, so the demand order was set aside and the matter remanded for reconsideration after hearing the assessee. Case-Laws Customs Fri, 31 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2607