https://www.taxtmi.com/caselaws?id=53887 The Tribunal upheld the Commissioner's decision regarding duty quantification for 5 items and shortage explanation for others. It emphasized the duty exemption for 100% EOUs requires proper utilization in export production to prevent misuse. The time-bar defense was rejected as goods were under customs bond with an extended utilization period. The Tribunal affirmed the duty demand and penalty imposition of Rs. 1 lakh for substantial duty amounts, rejecting the appeal. en-us Wed, 23 Feb 2005 00:00:00 +0530 Fri, 15 Oct 2010 17:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53887 The Tribunal upheld the Commissioner's decision regarding duty quantification for 5 items and shortage explanation for others. It emphasized the duty exemption for 100% EOUs requires proper utilization in export production to prevent misuse. The time-bar defense was rejected as goods were under customs bond with an extended utilization period. The Tribunal affirmed the duty demand and penalty imposition of Rs. 1 lakh for substantial duty amounts, rejecting the appeal. Case-Laws Customs Wed, 23 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53887