https://www.taxtmi.com/caselaws?id=363483 Substantial compliance with an export incentive notification was found where Modvat credit had been reversed before the cut-off date, and a minor delay in paying interest in some instances did not defeat entitlement to the Amnesty Scheme. The Tribunal followed the earlier view that belated interest payment alone is not fatal, and also noted that in several export instances no credit had been taken at all. On those facts, the substantive requirement of the scheme was treated as satisfied, and the demand was not sustainable. en-us Fri, 25 May 2018 00:00:00 +0530 Fri, 13 Jul 2018 06:13:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363483 Substantial compliance with an export incentive notification was found where Modvat credit had been reversed before the cut-off date, and a minor delay in paying interest in some instances did not defeat entitlement to the Amnesty Scheme. The Tribunal followed the earlier view that belated interest payment alone is not fatal, and also noted that in several export instances no credit had been taken at all. On those facts, the substantive requirement of the scheme was treated as satisfied, and the demand was not sustainable. Case-Laws Customs Fri, 25 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363483