https://www.taxtmi.com/caselaws?id=371902 The Tribunal ruled in favor of the appellant, a travel agent, in a case concerning benefits under the Export Promotion Capital Goods scheme. The appellant imported a car under the scheme, fulfilling the export obligation within four years instead of eight. Customs authorities deemed the car ineligible, leading to penalties and duty recovery. The appellant argued that the 'export obligation discharge certificate' shielded them from further claims, citing circulars supporting their position. The Tribunal agreed, emphasizing compliance with scheme conditions and overturning the penalties and duty recovery imposed by customs. en-us Tue, 11 Dec 2018 00:00:00 +0530 Fri, 14 Dec 2018 06:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371902 The Tribunal ruled in favor of the appellant, a travel agent, in a case concerning benefits under the Export Promotion Capital Goods scheme. The appellant imported a car under the scheme, fulfilling the export obligation within four years instead of eight. Customs authorities deemed the car ineligible, leading to penalties and duty recovery. The appellant argued that the 'export obligation discharge certificate' shielded them from further claims, citing circulars supporting their position. The Tribunal agreed, emphasizing compliance with scheme conditions and overturning the penalties and duty recovery imposed by customs. Case-Laws Customs Tue, 11 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371902