https://www.taxtmi.com/caselaws?id=47865 Conditional customs duty relief under the EPCG Scheme was linked to fulfilment of export obligations, and default revived liability for differential duty together with interest. Notices had in fact been issued, so the demand was not invalid for want of notice under Section 28 of the Customs Act, 1962 or for breach of natural justice. The importer's bond and undertaking also covered interest on the duty saved upon default, and Sections 28AA and 28AB, read with the scheme notification, supported recovery of interest from the date of the first consignment until payment. The demand for differential duty with interest was therefore upheld. en-us Fri, 24 Feb 2006 00:00:00 +0530 Thu, 28 Mar 2024 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47865 Conditional customs duty relief under the EPCG Scheme was linked to fulfilment of export obligations, and default revived liability for differential duty together with interest. Notices had in fact been issued, so the demand was not invalid for want of notice under Section 28 of the Customs Act, 1962 or for breach of natural justice. The importer's bond and undertaking also covered interest on the duty saved upon default, and Sections 28AA and 28AB, read with the scheme notification, supported recovery of interest from the date of the first consignment until payment. The demand for differential duty with interest was therefore upheld. Case-Laws Customs Fri, 24 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47865