https://www.taxtmi.com/caselaws?id=52969 For EPCG imports, the exemption notification depends on the licence date: licences issued on or after 1-5-1995 fall under Notification No. 110/95-Cus., while earlier licences remain under Notification No. 160/92-Cus. A licence issued on 3-5-1995 was therefore governed by Notification No. 110/95-Cus., and the DGFT circular on export-obligation timelines did not alter that applicability. Because the export obligation was not fulfilled under the applicable notification, the duty demand and interest were sustained. Misdescription in the bill of entry did not create entitlement to an inapplicable exemption. en-us Fri, 02 Jul 2004 00:00:00 +0530 Fri, 08 Oct 2010 17:37:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52969 For EPCG imports, the exemption notification depends on the licence date: licences issued on or after 1-5-1995 fall under Notification No. 110/95-Cus., while earlier licences remain under Notification No. 160/92-Cus. A licence issued on 3-5-1995 was therefore governed by Notification No. 110/95-Cus., and the DGFT circular on export-obligation timelines did not alter that applicability. Because the export obligation was not fulfilled under the applicable notification, the duty demand and interest were sustained. Misdescription in the bill of entry did not create entitlement to an inapplicable exemption. Case-Laws Customs Fri, 02 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52969