https://www.taxtmi.com/caselaws?id=53550 A time condition attached to an exemption notification for reimport had to be strictly complied with, and goods reimported after the prescribed period could not qualify for the benefit. The exemption was therefore denied. A mere claim to exemption, however, did not by itself establish mala fides or justify confiscatory or penal consequences. The redemption fine and personal penalty were therefore unsustainable and were set aside, with the release condition modified accordingly. en-us Mon, 29 Nov 2004 00:00:00 +0530 Wed, 13 Oct 2010 18:12:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53550 A time condition attached to an exemption notification for reimport had to be strictly complied with, and goods reimported after the prescribed period could not qualify for the benefit. The exemption was therefore denied. A mere claim to exemption, however, did not by itself establish mala fides or justify confiscatory or penal consequences. The redemption fine and personal penalty were therefore unsustainable and were set aside, with the release condition modified accordingly. Case-Laws Customs Mon, 29 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53550