https://www.taxtmi.com/caselaws?id=50345 An exemption notification under the Customs Act was treated as the governing instrument and construed strictly, so a public notice under the export policy did not alter the notification's export-obligation period or defeat the customs demand. Interest was not recoverable because neither the notification nor the Act provided an express basis, and the statutory provisions on interest did not apply on the facts. Confiscation and penalty were also unwarranted where the show cause notice did not allege wilful misuse of the exemption or deliberate intent to evade the export obligation; mere shortfall in fulfilment was insufficient. The duty liability under the notification was therefore sustained, but interest, confiscation and penalty were disallowed. en-us Tue, 19 Dec 2000 00:00:00 +0530 Tue, 06 Jan 2026 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50345 An exemption notification under the Customs Act was treated as the governing instrument and construed strictly, so a public notice under the export policy did not alter the notification's export-obligation period or defeat the customs demand. Interest was not recoverable because neither the notification nor the Act provided an express basis, and the statutory provisions on interest did not apply on the facts. Confiscation and penalty were also unwarranted where the show cause notice did not allege wilful misuse of the exemption or deliberate intent to evade the export obligation; mere shortfall in fulfilment was insufficient. The duty liability under the notification was therefore sustained, but interest, confiscation and penalty were disallowed. Case-Laws Customs Tue, 19 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50345