https://www.taxtmi.com/caselaws?id=200585 The Tribunal ruled in favor of the appellant, setting aside the impugned order and rejecting the Revenue's appeal for penalty enhancement. The duty liability on capital goods imported under Notification No.126/94-Cus for establishing a 100% EOU for manufacturing and exporting cut flowers was not sustained due to their utilization for production as per the notification's conditions. Non-fulfillment of export obligations did not automatically trigger duty liability on capital goods, aligning with past decisions and interpreting the notification clauses. The appellant successfully argued against the demand for customs duty on capital goods, emphasizing their installation and utilization for export production. en-us Thu, 20 May 2010 00:00:00 +0530 Mon, 31 Dec 2018 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200585 The Tribunal ruled in favor of the appellant, setting aside the impugned order and rejecting the Revenue's appeal for penalty enhancement. The duty liability on capital goods imported under Notification No.126/94-Cus for establishing a 100% EOU for manufacturing and exporting cut flowers was not sustained due to their utilization for production as per the notification's conditions. Non-fulfillment of export obligations did not automatically trigger duty liability on capital goods, aligning with past decisions and interpreting the notification clauses. The appellant successfully argued against the demand for customs duty on capital goods, emphasizing their installation and utilization for export production. Case-Laws Customs Thu, 20 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200585