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    <title>2004 (1) TMI 120 - CESTAT, CHENNAI</title>
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    <description>The appeal was rejected due to lack of permission for extending the warehousing period. The appellant had fulfilled all requirements for the extension of the bond period, including providing a Corporate Guarantee supported by a Board resolution. The Tribunal emphasized the necessity of obtaining a decision on the extension application before confirming the demand and remanded the case to obtain a decision on the extension and re-export permission within a specified timeframe. The Tribunal stressed the importance of following the legal process and granting reasonable opportunities to the appellants/importers.</description>
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      <link>https://www.taxtmi.com/caselaws?id=52644</link>
      <description>The appeal was rejected due to lack of permission for extending the warehousing period. The appellant had fulfilled all requirements for the extension of the bond period, including providing a Corporate Guarantee supported by a Board resolution. The Tribunal emphasized the necessity of obtaining a decision on the extension application before confirming the demand and remanded the case to obtain a decision on the extension and re-export permission within a specified timeframe. The Tribunal stressed the importance of following the legal process and granting reasonable opportunities to the appellants/importers.</description>
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