https://www.taxtmi.com/caselaws?id=449168 CESTAT Ahmedabad held that appellant failed to re-export 39 containers within the mandatory six-month period under Notification No. 104/94-Customs, breaching duty exemption conditions. While duty was payable in principle due to non-compliance, the assessment lacked proper valuation and natural justice procedures. The matter was remanded for reassessment following correct valuation methods. Penalty under Section 114(A) was waived as malicious intent could not be established, particularly considering the supervening fire incident at the port that damaged containers. en-us Mon, 05 Feb 2024 00:00:00 +0530 Tue, 22 Oct 2024 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449168 CESTAT Ahmedabad held that appellant failed to re-export 39 containers within the mandatory six-month period under Notification No. 104/94-Customs, breaching duty exemption conditions. While duty was payable in principle due to non-compliance, the assessment lacked proper valuation and natural justice procedures. The matter was remanded for reassessment following correct valuation methods. Penalty under Section 114(A) was waived as malicious intent could not be established, particularly considering the supervening fire incident at the port that damaged containers. Case-Laws Customs Mon, 05 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449168