https://www.taxtmi.com/article/detailed?id=16183 If machinery covered by an EPCG licence is seized, the exporter may be unable to fulfil export obligations, and such impossibility is treated as a material factor against treating non-compliance as wilful default. In that setting, penalties and confiscation become legally questionable where the failure to export results from government action rather than deliberate breach. Duty computation must also account for exports already made and depreciation of the capital goods, and orders are vulnerable where passed without hearing the affected party or considering extension, third-party exports, or depreciation-based recomputation. en-us Sat, 11 Apr 2026 08:55:34 +0530 Sat, 11 Apr 2026 08:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16183 If machinery covered by an EPCG licence is seized, the exporter may be unable to fulfil export obligations, and such impossibility is treated as a material factor against treating non-compliance as wilful default. In that setting, penalties and confiscation become legally questionable where the failure to export results from government action rather than deliberate breach. Duty computation must also account for exports already made and depreciation of the capital goods, and orders are vulnerable where passed without hearing the affected party or considering extension, third-party exports, or depreciation-based recomputation. Articles Goods and Services Tax - GST Sat, 11 Apr 2026 08:55:34 +0530 https://www.taxtmi.com/article/detailed?id=16183