https://www.taxtmi.com/caselaws?id=53733 The Tribunal ruled in favor of the appellants, overturning the decision of the Adjudicating authority. It held that the department cannot demand the entire duty when the export obligation is partially fulfilled and that the demand for interest was illegal due to the retrospective effect of the interest clause. The Tribunal found that duty can only be demanded for failure to satisfy specific conditions outlined in Notification No. 110/95 dated 5-6-1995. Consequently, the demand for interest was set aside, and the duty liability was to be recalculated based on the conditions specified in the Notification, with any excess amount to be refunded to the appellants. en-us Wed, 27 Oct 2004 00:00:00 +0530 Fri, 15 Oct 2010 09:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53733 The Tribunal ruled in favor of the appellants, overturning the decision of the Adjudicating authority. It held that the department cannot demand the entire duty when the export obligation is partially fulfilled and that the demand for interest was illegal due to the retrospective effect of the interest clause. The Tribunal found that duty can only be demanded for failure to satisfy specific conditions outlined in Notification No. 110/95 dated 5-6-1995. Consequently, the demand for interest was set aside, and the duty liability was to be recalculated based on the conditions specified in the Notification, with any excess amount to be refunded to the appellants. Case-Laws Customs Wed, 27 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53733