https://www.taxtmi.com/caselaws?id=373934 The Tribunal upheld the demand for duty amounting to Rs. 18,47,929, emphasizing the importance of valid notifications and compliance with bond obligations in determining liability for duty payments. Despite acknowledging the lack of mala fide intentions, the Tribunal set aside the penalty. The decision focused on the legal entitlement to duty exemptions for trading units under the EXIM Policy, balancing the appellant's good faith actions with the legal framework governing central excise duties. en-us Thu, 17 Jan 2019 00:00:00 +0530 Fri, 06 Nov 2020 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373934 The Tribunal upheld the demand for duty amounting to Rs. 18,47,929, emphasizing the importance of valid notifications and compliance with bond obligations in determining liability for duty payments. Despite acknowledging the lack of mala fide intentions, the Tribunal set aside the penalty. The decision focused on the legal entitlement to duty exemptions for trading units under the EXIM Policy, balancing the appellant's good faith actions with the legal framework governing central excise duties. Case-Laws Central Excise Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373934