Customs Duty Recovery Confirmed for Non-Compliance with Notification 12/2012 on Rig Deepsea Treasure's Use Conditions.

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....Recovery of customs duty forgone with Interest - actual use condition - by not putting into use the imported Rig Deepsea Treasure for petroleum operation/exploration at the Licensed oil block of ONGC, irrespective of the reasons for such non-use, there has been violation of the condition of Notification 12/2012 - demand of duty, penalty and redemption fine confirmed.....