https://www.taxtmi.com/caselaws?id=438588 Once export obligation under an advance authorisation scheme is fulfilled and the bond is redeemed by the licensing authority, Customs cannot sustain duty demand, confiscation or penalty merely on an asserted breach of authorisation conditions. Here, the imported goods were lost in transit, the loss was intimated, the quantity was replaced locally, and the export obligation was completed without rebate or drawback. The HC found no violation of Notification No. 93/2004-Cus and no legal infirmity in the Tribunal's appreciation of evidence, so the duty demand, redemption fine and penalty were held unsustainable and the appeal was dismissed. en-us Wed, 24 May 2023 00:00:00 +0530 Mon, 05 Jun 2023 08:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438588 Once export obligation under an advance authorisation scheme is fulfilled and the bond is redeemed by the licensing authority, Customs cannot sustain duty demand, confiscation or penalty merely on an asserted breach of authorisation conditions. Here, the imported goods were lost in transit, the loss was intimated, the quantity was replaced locally, and the export obligation was completed without rebate or drawback. The HC found no violation of Notification No. 93/2004-Cus and no legal infirmity in the Tribunal's appreciation of evidence, so the duty demand, redemption fine and penalty were held unsustainable and the appeal was dismissed. Case-Laws Customs Wed, 24 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438588