https://www.taxtmi.com/caselaws?id=44111 The Court ruled in favor of the petitioners in a Customs duty dispute regarding the non-use of imported bulk drug for manufacturing life-saving drugs. The Court found that the petitioners acted in good faith based on Customs advice and technical lapses, allowing them to re-export the bulk drug without full duty payment. The Court criticized the harsh stance of the respondents and directed the refund of excess duty paid by the petitioners. The judgment underscores the need for a fair and nuanced approach in Customs matters, considering the specific circumstances and technical aspects involved. en-us Thu, 29 Jun 1995 00:00:00 +0530 Wed, 23 Jun 2010 10:57:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44111 The Court ruled in favor of the petitioners in a Customs duty dispute regarding the non-use of imported bulk drug for manufacturing life-saving drugs. The Court found that the petitioners acted in good faith based on Customs advice and technical lapses, allowing them to re-export the bulk drug without full duty payment. The Court criticized the harsh stance of the respondents and directed the refund of excess duty paid by the petitioners. The judgment underscores the need for a fair and nuanced approach in Customs matters, considering the specific circumstances and technical aspects involved. Case-Laws Customs Thu, 29 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44111