https://www.taxtmi.com/caselaws?id=337887 The court dismissed the writ petition concerning the interpretation of the Duty Exemption Scheme and compliance with export obligations under the Value based Advance Licence. The petitioner failed to provide the necessary bank realisation certificate as proof of export proceeds, leading to factual discrepancies and lack of supporting evidence. The court held that substantial compliance could not be invoked, emphasizing the established non-compliance and the authorities' right to expect timely proof. en-us Mon, 09 Jan 2017 00:00:00 +0530 Mon, 13 Nov 2017 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337887 The court dismissed the writ petition concerning the interpretation of the Duty Exemption Scheme and compliance with export obligations under the Value based Advance Licence. The petitioner failed to provide the necessary bank realisation certificate as proof of export proceeds, leading to factual discrepancies and lack of supporting evidence. The court held that substantial compliance could not be invoked, emphasizing the established non-compliance and the authorities' right to expect timely proof. Case-Laws Customs Mon, 09 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337887