https://www.taxtmi.com/caselaws?id=51778 The Tribunal dismissed the Revenue's appeal, finding no grounds to proceed with duty and penalty demands against CDL and its Managing Director. It was concluded that there was no evidence of mis-utilization of duty-free imported raw materials or willful suppression of facts by CDL. The Tribunal also held that the reliance on balance sheet figures was not justified and that the corrigendum did not impact the validity of the show cause notice. The Customs authorities were found to lack jurisdiction over end-use verification in this case. en-us Fri, 29 Nov 2002 00:00:00 +0530 Tue, 28 Sep 2010 11:48:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51778 The Tribunal dismissed the Revenue's appeal, finding no grounds to proceed with duty and penalty demands against CDL and its Managing Director. It was concluded that there was no evidence of mis-utilization of duty-free imported raw materials or willful suppression of facts by CDL. The Tribunal also held that the reliance on balance sheet figures was not justified and that the corrigendum did not impact the validity of the show cause notice. The Customs authorities were found to lack jurisdiction over end-use verification in this case. Case-Laws Customs Fri, 29 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51778