https://www.taxtmi.com/caselaws?id=50813 Clearances by a 100% export-oriented unit to the domestic tariff area against payment in foreign exchange were treated as export-performance supplies for policy purposes, but the concessional duty benefit under Notification 2/95 was confined to the extent permitted by Paragraph 9.9(b) and remained subject to the minimum net foreign exchange performance condition. The duty liability therefore required recomputation on that restricted basis. Penalty under Rule 173Q was not justified because the dispute arose from a bona fide and debatable interpretation of the notification and policy provisions, without concealment of facts or wilful defiance of law, and was set aside. en-us Fri, 19 Oct 2001 00:00:00 +0530 Thu, 09 Sep 2010 10:05:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50813 Clearances by a 100% export-oriented unit to the domestic tariff area against payment in foreign exchange were treated as export-performance supplies for policy purposes, but the concessional duty benefit under Notification 2/95 was confined to the extent permitted by Paragraph 9.9(b) and remained subject to the minimum net foreign exchange performance condition. The duty liability therefore required recomputation on that restricted basis. Penalty under Rule 173Q was not justified because the dispute arose from a bona fide and debatable interpretation of the notification and policy provisions, without concealment of facts or wilful defiance of law, and was set aside. Case-Laws Central Excise Fri, 19 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50813