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TMI Blog2015 (12) TMI 729X X X X Extracts X X X X X X X X Extracts X X X X ..... oods should be utilized for the purpose of manufacture of goods and the goods so manufactured should be exported to earn foreign exchange. But mere earning of the foreign exchange shall not ipso facto establish a case of compliance to the condition of EXIM Policy when export of the goods manufactured using imported raw material is not established. It may so happen that hawala money may come throug ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er (Appeals). Therefore, the adjudication order is restored and the appellate order is set aside - Decided in favour of Revenue. - Appeal No. C/213/2005 - Final Order No. 41492 / 2015 - Dated:- 3-11-2015 - Hon ble Shri D.N. Panda, Judicial Member For the Appellant : Ms. Indira Sisupal, AC (AR) For the Respondent : None ORDER The respondent has not at all responded to the n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The respondent imported the goods in terms of advance authorization condition under Bill of Entry No. 19591 dated 5.7.2000 and cleared the same on 11.7.2000 duty free. End use bond was also executed by the respondent. 3.2 Investigation found that there was diversion of material which could be detected from the stock found in a private warehouse. The marking in the goods differed when enquiry wa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nufactured should be exported to earn foreign exchange. But mere earning of the foreign exchange shall not ipso facto establish a case of compliance to the condition of EXIM Policy when export of the goods manufactured using imported raw material is not established. It may so happen that hawala money may come through questionable exports. Therefore, it is necessity of law that the raw materials wh ..... X X X X Extracts X X X X X X X X Extracts X X X X
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