https://www.taxtmi.com/caselaws?id=295176 The demand of duty forgone on exported goods due to alleged non-receipt of remittance in freely convertible currency from Asian Development Bank was at issue. The court found that the necessary certificates confirmed receipt of payment in the prescribed currency, and both the Project Authority and the Principal Contractor acknowledged receipt of funds. As the goods were exported and received by the project authority without any allegation of non-export within the stipulated period, the demand notices were deemed unsustainable. Therefore, the impugned orders were set aside, and the appeals were allowed. en-us Thu, 12 Dec 2019 00:00:00 +0530 Sat, 22 May 2021 08:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295176 The demand of duty forgone on exported goods due to alleged non-receipt of remittance in freely convertible currency from Asian Development Bank was at issue. The court found that the necessary certificates confirmed receipt of payment in the prescribed currency, and both the Project Authority and the Principal Contractor acknowledged receipt of funds. As the goods were exported and received by the project authority without any allegation of non-export within the stipulated period, the demand notices were deemed unsustainable. Therefore, the impugned orders were set aside, and the appeals were allowed. Case-Laws Central Excise Thu, 12 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295176