https://www.taxtmi.com/caselaws?id=193727 A bank guarantee furnished for re-export of goods brought back into India was upheld where the guarantee required re-export within six months or within extended time allowed by the competent authority. The petitioner raised no protest when the guarantee was required, made no timely request for extension within the stipulated period, and sought extension only after expiry. In the absence of any allegation of fraud or of invocation contrary to the guarantee terms, interference with invocation was declined. en-us Tue, 01 Apr 2008 00:00:00 +0530 Thu, 17 Aug 2017 12:58:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193727 A bank guarantee furnished for re-export of goods brought back into India was upheld where the guarantee required re-export within six months or within extended time allowed by the competent authority. The petitioner raised no protest when the guarantee was required, made no timely request for extension within the stipulated period, and sought extension only after expiry. In the absence of any allegation of fraud or of invocation contrary to the guarantee terms, interference with invocation was declined. Case-Laws Customs Tue, 01 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193727