https://www.taxtmi.com/caselaws?id=427497 The Tribunal allowed the appeal, setting aside the demands for customs duty and penalties imposed on the appellant. It was found that the appellant had complied with the value addition requirements and that the customs duty demand was unjustified as the capital goods were still under bond. The penalty imposed under Rule 173 Q(1) of the Central Excise Rules was also set aside, as the goods were imported for manufacturing under bond for export, and no excise duty was attracted. en-us Fri, 12 Aug 2022 00:00:00 +0530 Sat, 10 Sep 2022 07:03:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427497 The Tribunal allowed the appeal, setting aside the demands for customs duty and penalties imposed on the appellant. It was found that the appellant had complied with the value addition requirements and that the customs duty demand was unjustified as the capital goods were still under bond. The penalty imposed under Rule 173 Q(1) of the Central Excise Rules was also set aside, as the goods were imported for manufacturing under bond for export, and no excise duty was attracted. Case-Laws Customs Fri, 12 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427497