https://www.taxtmi.com/caselaws?id=334447 The Tribunal held that the appellants violated the Foreign Trade Policy by selling goods in the domestic market before fulfilling export obligations. They also breached Handbook of Procedures regulations by not declaring actual raw material consumption. The Handbook cannot override Foreign Trade Policy or Customs notifications. Customs Appraisal Manual provisions were deemed inapplicable. The Tribunal upheld confiscation and imposed fines despite goods not being available. Penalties under the Customs Act were upheld for non-compliance with advance license conditions. The Tribunal's decisions were largely upheld, with some modifications. en-us Thu, 27 Oct 2016 00:00:00 +0530 Sat, 30 Dec 2017 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334447 The Tribunal held that the appellants violated the Foreign Trade Policy by selling goods in the domestic market before fulfilling export obligations. They also breached Handbook of Procedures regulations by not declaring actual raw material consumption. The Handbook cannot override Foreign Trade Policy or Customs notifications. Customs Appraisal Manual provisions were deemed inapplicable. The Tribunal upheld confiscation and imposed fines despite goods not being available. Penalties under the Customs Act were upheld for non-compliance with advance license conditions. The Tribunal's decisions were largely upheld, with some modifications. Case-Laws Customs Thu, 27 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334447