2016 (1) TMI 8

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..... at the car imported is registered in the name of main appellant who is in the hospitality business. It is also seen from the records that they have been showing revenue accrued in foreign exchange earned by them towards the export obligations committed to the government of India. We also would like to record that in an identical issue, in the case of M/s. Goldfinch Hotels Pvt. Ltd. [2015 (6) TMI 1 .....

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..... Hospitality - the main appellant, had imported car under EPCG scheme. The revenue authorities after conducting investigation came to a conclusion that the benefit of EPCG scheme was improperly availed. The show cause notice for the demand of Customs duty, interest thereof and penalties on both the appellants was confirmed by the adjudicating authority. 3. Learned advocate would draw our attenti .....

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..... ing the appeals. 5. We find that in the case in hand, the EPCG scheme under which the car was imported has time till 2018, that is for fulfilling the export obligations as committed by the appellant. Be that as it may, it is undisputed that the car imported is registered in the name of main appellant who is in the hospitality business. It is also seen from the records that they have been showin .....

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