https://www.taxtmi.com/caselaws?id=53525 The Tribunal upheld the duty liabilities on the imported raw materials and capital goods, allowing adjustments for duties already paid on cleared materials and finished goods. It rejected the depreciation claim on capital goods due to non-use for intended export manufacturing. A penalty was imposed for non-fulfillment of export obligations, albeit reduced considering the circumstances. The appeal was resolved accordingly. en-us Wed, 24 Nov 2004 00:00:00 +0530 Thu, 20 Jun 2024 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53525 The Tribunal upheld the duty liabilities on the imported raw materials and capital goods, allowing adjustments for duties already paid on cleared materials and finished goods. It rejected the depreciation claim on capital goods due to non-use for intended export manufacturing. A penalty was imposed for non-fulfillment of export obligations, albeit reduced considering the circumstances. The appeal was resolved accordingly. Case-Laws Central Excise Wed, 24 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53525