https://www.taxtmi.com/caselaws?id=52972 Duty-free capital goods imported by a 100% EOU lost exemption protection when the hydraulic drive system was removed without permission and used outside the EOU. The record did not establish actual use in the EOU, so assessment on depreciated value was rejected and customs duty was held payable in full. The unauthorised removal and diversion constituted breach of the notification conditions, justifying confiscation and redemption fine, with penalties maintainable though reduced or deleted in part for some noticees. Interest and penalty provisions were also held applicable from the date of contravention, not the date of import, and the principal penalty was moderated. en-us Thu, 17 Jun 2004 00:00:00 +0530 Fri, 08 Oct 2010 17:41:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52972 Duty-free capital goods imported by a 100% EOU lost exemption protection when the hydraulic drive system was removed without permission and used outside the EOU. The record did not establish actual use in the EOU, so assessment on depreciated value was rejected and customs duty was held payable in full. The unauthorised removal and diversion constituted breach of the notification conditions, justifying confiscation and redemption fine, with penalties maintainable though reduced or deleted in part for some noticees. Interest and penalty provisions were also held applicable from the date of contravention, not the date of import, and the principal penalty was moderated. Case-Laws Customs Thu, 17 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52972