https://www.taxtmi.com/caselaws?id=278850 The case involved the misuse of customs duty exemption under Notification No. 21/2002-Cus, non-fulfillment of end-use conditions, liability for differential customs duty and interest, and confiscation and penalties under various sections of the Customs Act, 1962. The applicant admitted the misuse, paid the duty and interest, and cooperated with the investigation. The Bench settled the case with a differential duty liability of Rs. 23,19,372/-, interest of Rs. 6,35,309/-, and imposed penalties on the company and directors. Immunity from prosecution was granted upon payment of penalties within 30 days under Section 127(5) of the Customs Act. en-us Fri, 29 Sep 2017 00:00:00 +0530 Sat, 23 Feb 2019 08:47:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278850 The case involved the misuse of customs duty exemption under Notification No. 21/2002-Cus, non-fulfillment of end-use conditions, liability for differential customs duty and interest, and confiscation and penalties under various sections of the Customs Act, 1962. The applicant admitted the misuse, paid the duty and interest, and cooperated with the investigation. The Bench settled the case with a differential duty liability of Rs. 23,19,372/-, interest of Rs. 6,35,309/-, and imposed penalties on the company and directors. Immunity from prosecution was granted upon payment of penalties within 30 days under Section 127(5) of the Customs Act. Case-Laws Customs Fri, 29 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278850