https://www.taxtmi.com/caselaws?id=45980 The Tribunal upheld the duty demand and penalties imposed on MMTC, a canalizing agency, due to the gem and jewellery units' failure to fulfill export obligations, emphasizing strict compliance with Customs regulations. MMTC's appointment as a canalizing agency did not exempt it from liability for duty non-payment by import units. The duty liability transferred to the unit upon gold issuance by MMTC, and penalties were imposed without evidence of breach. The Tribunal's decision focused on enforcing regulatory compliance and rejected comparisons to a prior Supreme Court ruling on government-controlled entities. en-us Wed, 25 Apr 2001 00:00:00 +0530 Thu, 15 Jul 2010 10:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45980 The Tribunal upheld the duty demand and penalties imposed on MMTC, a canalizing agency, due to the gem and jewellery units' failure to fulfill export obligations, emphasizing strict compliance with Customs regulations. MMTC's appointment as a canalizing agency did not exempt it from liability for duty non-payment by import units. The duty liability transferred to the unit upon gold issuance by MMTC, and penalties were imposed without evidence of breach. The Tribunal's decision focused on enforcing regulatory compliance and rejected comparisons to a prior Supreme Court ruling on government-controlled entities. Case-Laws Customs Wed, 25 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45980