https://www.taxtmi.com/caselaws?id=41959 The appeals under section 130E(b) of the Customs Act, 1962 were dismissed as the appellant was found to have violated the Duty Exemption Scheme by importing finished goods instead of raw materials as required. The penalties were reduced, and the appellant was directed to utilize the imported goods for export as per the existing contract to potentially receive duty exemption. Failure to comply would result in duty payment as per the Act. The appellant agreed to pay the fines and redemption fine within six weeks. en-us Tue, 11 Aug 1987 00:00:00 +0530 Mon, 02 Feb 2015 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41959 The appeals under section 130E(b) of the Customs Act, 1962 were dismissed as the appellant was found to have violated the Duty Exemption Scheme by importing finished goods instead of raw materials as required. The penalties were reduced, and the appellant was directed to utilize the imported goods for export as per the existing contract to potentially receive duty exemption. Failure to comply would result in duty payment as per the Act. The appellant agreed to pay the fines and redemption fine within six weeks. Case-Laws Customs Tue, 11 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41959