https://www.taxtmi.com/caselaws?id=325371 The Tribunal upheld the extension of time for re-export of goods under an A.T.A. Carnet beyond the initial validity period. The Commissioner's correct interpretation of Notification No. 157/90-Cus dated 28.3.1990, allowing for a six-month extension in the public interest, led to the dismissal of the Revenue's appeal for confiscation and penalty. The Tribunal affirmed the decision, setting aside the confiscation and penalty, and upheld the extension granted by the Commissioner, emphasizing the importance of the notification's accurate interpretation in determining the validity of the extension. en-us Fri, 27 Nov 2015 00:00:00 +0530 Wed, 08 Feb 2017 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325371 The Tribunal upheld the extension of time for re-export of goods under an A.T.A. Carnet beyond the initial validity period. The Commissioner's correct interpretation of Notification No. 157/90-Cus dated 28.3.1990, allowing for a six-month extension in the public interest, led to the dismissal of the Revenue's appeal for confiscation and penalty. The Tribunal affirmed the decision, setting aside the confiscation and penalty, and upheld the extension granted by the Commissioner, emphasizing the importance of the notification's accurate interpretation in determining the validity of the extension. Case-Laws Customs Fri, 27 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325371