https://www.taxtmi.com/caselaws?id=792411 Failure to fulfil the EPCG export obligation, where the differential duty and interest had already been paid and there was no diversion or misuse of the imported capital goods, did not justify confiscation or penalty. In the absence of deliberate defiance, contumacious conduct or conscious disregard of the obligation, confiscation under Section 111(o) of the Customs Act, 1962, redemption fine and penal action under Section 112 were held unsustainable. The duty and interest already discharged remained undisturbed, while the confiscatory and penal portions of the order were set aside. en-us Wed, 27 May 2026 00:00:00 +0530 Wed, 27 May 2026 17:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792411 Failure to fulfil the EPCG export obligation, where the differential duty and interest had already been paid and there was no diversion or misuse of the imported capital goods, did not justify confiscation or penalty. In the absence of deliberate defiance, contumacious conduct or conscious disregard of the obligation, confiscation under Section 111(o) of the Customs Act, 1962, redemption fine and penal action under Section 112 were held unsustainable. The duty and interest already discharged remained undisturbed, while the confiscatory and penal portions of the order were set aside. Case-Laws Customs Wed, 27 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792411