https://www.taxtmi.com/caselaws?id=437866 The court quashed the Director's order denying the petitioner's exit from the scheme due to procedural non-compliance. Despite missing periodic reports, as no monetary benefit was gained, the petitioner was allowed to exit. The court emphasized the need for entities to settle duty liabilities before exiting to prevent unjust profit. The delay in pursuing appellate remedies and lack of monetary gain led to the court granting relief to the petitioner, directing the authority to permit the exit. en-us Thu, 20 Apr 2023 00:00:00 +0530 Fri, 29 Sep 2023 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437866 The court quashed the Director's order denying the petitioner's exit from the scheme due to procedural non-compliance. Despite missing periodic reports, as no monetary benefit was gained, the petitioner was allowed to exit. The court emphasized the need for entities to settle duty liabilities before exiting to prevent unjust profit. The delay in pursuing appellate remedies and lack of monetary gain led to the court granting relief to the petitioner, directing the authority to permit the exit. Case-Laws Customs Thu, 20 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437866