TMI Blog2014 (11) TMI 235X X X X Extracts X X X X X X X X Extracts X X X X ..... t obligation. Thus, as per the declaration furnished in the executed bond, the authorities below have rightly confirmed the foregone duty demand along with interest. Further, during the appeal proceedings before the Additional Director General of Foreign Trade, the appellant undertook to pay the customs duty along with interest. - Partial stay granted. - C/20550/2014-SM - MISC ORDER No.21160 / 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 09.2004 issued by the Central Government. Availment of duty exemption under the said notification is subject to the condition that the importer has to produce the evidence of discharge of export obligation before the concerned authorities within the stipulated time frame. However, in the present case, the appellant failed to fulfill the conditions of the said notification, which has resulted in de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt has strongly objected to the prayer of the appellant for waiving the requirement of pre-deposit of the adjudged duty and interest on the ground that the condition of notification dated 10.09.2004 has not been fulfilled; and that pursuant to the Interim Order-in-Appeal dated 14.02.2014 passed the Addl. Director General of Foreign Trade, the appellant had submitted a statement of duty payable alo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... extracted herein below: Shri J. George Kondody, Ex-Director of the company represented the official liquidator in this as the company is under liquidation. He informed that the company had made import to the extent of 29.730 MT allowed. Therefore, proportionately EO would come down to 92.906 MT against 110 MT (originally). Party has exported 56 MTs and as such there is an excess im ..... X X X X Extracts X X X X X X X X Extracts X X X X
|