https://www.taxtmi.com/caselaws?id=760542 Exemption under the Advance Authorisation scheme was considered in relation to the alleged breach of the pre-import condition for IGST liability, interest, redemption fine and penalty. The note states that the decisive question was whether the imported inputs were actually used in manufacture of export goods and whether export obligation was substantively met. A mere comparison of bill of entry and shipping bill dates was treated as insufficient where the record showed that most imports preceded exports and, in the remaining cases, IGST had been paid after re-assessment or the export obligation had otherwise been completed. On that footing, confiscation, redemption fine, interest and penalty were also treated as unsustainable. en-us Tue, 22 Oct 2024 00:00:00 +0530 Wed, 23 Oct 2024 08:19:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760542 Exemption under the Advance Authorisation scheme was considered in relation to the alleged breach of the pre-import condition for IGST liability, interest, redemption fine and penalty. The note states that the decisive question was whether the imported inputs were actually used in manufacture of export goods and whether export obligation was substantively met. A mere comparison of bill of entry and shipping bill dates was treated as insufficient where the record showed that most imports preceded exports and, in the remaining cases, IGST had been paid after re-assessment or the export obligation had otherwise been completed. On that footing, confiscation, redemption fine, interest and penalty were also treated as unsustainable. Case-Laws Customs Tue, 22 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760542