2008 (5) TMI 510

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..... The appellants, in this case, have imported certain goods under Advance Licence without payment of duty for use in the manufacture of finished products, which were to be exported. The goods imported were warehoused and there is no dispute on that. However, the appellants could not get their bond cancelled by DGFT authorities as there was delay in receipt of full remittance for finished goods e .....

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..... duty and, therefore, the question of passing on incidence of duty does not arise. When the imports were made, they have already received export order and price has not changed till the period the goods were exported. So the assumption of the recovery of interest in the form of price is not possible in their case. Once the goods have been exported, the question of payment of any interest does not .....

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