https://www.taxtmi.com/caselaws?id=792814 An SEZ unit could rely on a subsequently accepted Bond cum Legal Undertaking when determining its procurement entitlement; excess procurement could not be alleged by disregarding that accepted undertaking. Statements recorded during customs inquiry required compliance with statutory admissibility safeguards and could not support findings after retraction without reliable corroboration. The absence of heavy machinery did not establish non-manufacture of handmade jewellery, while non-conclusive electronic data could not alone displace business records and supporting invoices. As diversion and non-manufacture were unproved, confiscation, duty demand, interest and penalties against the unit and associated persons lacked a sustainable basis. en-us Wed, 03 Jun 2026 00:00:00 +0530 Thu, 04 Jun 2026 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792814 An SEZ unit could rely on a subsequently accepted Bond cum Legal Undertaking when determining its procurement entitlement; excess procurement could not be alleged by disregarding that accepted undertaking. Statements recorded during customs inquiry required compliance with statutory admissibility safeguards and could not support findings after retraction without reliable corroboration. The absence of heavy machinery did not establish non-manufacture of handmade jewellery, while non-conclusive electronic data could not alone displace business records and supporting invoices. As diversion and non-manufacture were unproved, confiscation, duty demand, interest and penalties against the unit and associated persons lacked a sustainable basis. Case-Laws Customs Wed, 03 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792814