https://www.taxtmi.com/caselaws?id=348937 An STPI unit could not claim customs duty exemption under Notification No. 52/2003-Cus without proof of export performance and positive Net Foreign Exchange Earning. The Tribunal noted that no reply was filed before the lower authorities and no documentary evidence was produced to show compliance with the exemption conditions. In the absence of such proof, the duty foregone became recoverable, and the imported goods remained liable to confiscation, redemption fine, and penalty. The plea of economic recession did not displace the statutory requirement to satisfy the conditions attached to the exemption. en-us Mon, 21 Aug 2017 00:00:00 +0530 Mon, 30 Apr 2018 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348937 An STPI unit could not claim customs duty exemption under Notification No. 52/2003-Cus without proof of export performance and positive Net Foreign Exchange Earning. The Tribunal noted that no reply was filed before the lower authorities and no documentary evidence was produced to show compliance with the exemption conditions. In the absence of such proof, the duty foregone became recoverable, and the imported goods remained liable to confiscation, redemption fine, and penalty. The plea of economic recession did not displace the statutory requirement to satisfy the conditions attached to the exemption. Case-Laws Customs Mon, 21 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348937