https://www.taxtmi.com/caselaws?id=4686 The Tribunal ruled in favor of the appellants in the appeal against duty foregone and penalty imposition for failure to fulfill export obligations under the Foreign Trade Policy and Customs Act. The Tribunal acknowledged the partial fulfillment of export obligations by the appellants and decided to re-quantify duty liability without imposing any penalty or demanding interest. The matter was remanded to the original authority for re-computation of duty liability with a personal hearing for the appellants. en-us Fri, 08 Feb 2008 00:00:00 +0530 Tue, 22 Oct 2019 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4686 The Tribunal ruled in favor of the appellants in the appeal against duty foregone and penalty imposition for failure to fulfill export obligations under the Foreign Trade Policy and Customs Act. The Tribunal acknowledged the partial fulfillment of export obligations by the appellants and decided to re-quantify duty liability without imposing any penalty or demanding interest. The matter was remanded to the original authority for re-computation of duty liability with a personal hearing for the appellants. Case-Laws Customs Fri, 08 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4686