https://www.taxtmi.com/caselaws?id=464619 Where the DGFT had issued an export obligation discharge certificate and Customs had released the bond, Customs could not reopen the exemption dispute or allege breach of the export obligation under the notification. The notification was construed to require import of materials matching the authorization, not their physical incorporation in the exported goods; compliance was satisfied by import of covered inputs and discharge of the export obligation. The record also showed disclosure of the imports and export obligation process, so no wilful suppression or misstatement was established, and the demand was barred by limitation. The impugned duty, interest and penalty demand was therefore set aside. en-us Thu, 23 Jan 2025 00:00:00 +0530 Thu, 06 Nov 2025 14:21:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464619 Where the DGFT had issued an export obligation discharge certificate and Customs had released the bond, Customs could not reopen the exemption dispute or allege breach of the export obligation under the notification. The notification was construed to require import of materials matching the authorization, not their physical incorporation in the exported goods; compliance was satisfied by import of covered inputs and discharge of the export obligation. The record also showed disclosure of the imports and export obligation process, so no wilful suppression or misstatement was established, and the demand was barred by limitation. The impugned duty, interest and penalty demand was therefore set aside. Case-Laws Customs Thu, 23 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464619