https://www.taxtmi.com/caselaws?id=35317 The tribunal upheld the confiscation of the goods and penalties imposed on M/s. Converge, its directors, and M/s. UTSC under Sections 111 and 112 of the Customs Act, 1962. The import was deemed ineligible for duty exemption as it was not used for software development as required by the exemption notification. The request for re-export without duty payment was denied, allowing M/s. Converge to redeem the goods upon payment of duty, interest, and redemption fine for potential re-export. en-us Mon, 27 Jul 2009 00:00:00 +0530 Mon, 15 Feb 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35317 The tribunal upheld the confiscation of the goods and penalties imposed on M/s. Converge, its directors, and M/s. UTSC under Sections 111 and 112 of the Customs Act, 1962. The import was deemed ineligible for duty exemption as it was not used for software development as required by the exemption notification. The request for re-export without duty payment was denied, allowing M/s. Converge to redeem the goods upon payment of duty, interest, and redemption fine for potential re-export. Case-Laws Customs Mon, 27 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35317