https://www.taxtmi.com/caselaws?id=53033 Exemption under a customs notification is available only on strict compliance with its stated conditions, and the importer must prove entitlement to the benefit. The imported capital goods were meant for an export-oriented project that was not implemented, the prescribed certificate was not produced, and permission from the Development Commissioner could not replace the certificate required by the notification; the plea of provisional assessment also failed for want of endorsement in the Bills of Entry. Customs duty demand was sustained. Penalty was considered justified in principle, but the corporate penalty was reduced and the personal penalty was set aside. en-us Fri, 06 Aug 2004 00:00:00 +0530 Sat, 09 Oct 2010 11:44:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53033 Exemption under a customs notification is available only on strict compliance with its stated conditions, and the importer must prove entitlement to the benefit. The imported capital goods were meant for an export-oriented project that was not implemented, the prescribed certificate was not produced, and permission from the Development Commissioner could not replace the certificate required by the notification; the plea of provisional assessment also failed for want of endorsement in the Bills of Entry. Customs duty demand was sustained. Penalty was considered justified in principle, but the corporate penalty was reduced and the personal penalty was set aside. Case-Laws Customs Fri, 06 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53033