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2009 (11) TMI 251 - HC - CustomsEPCG Scheme- Export obligation- The appellant herein imported certain machineries for the value of Rs. 42,77,312/- under the Export Promotion Capital Goods Scheme mentioning the Customs Notification No. 160/92 and claiming concessional Customs Duty at the rate of 15% having been waived on the undertaking to fulfil the export obligation to the extent of US$ 559429/- within a period of five years. On account of non-fulfillment of export obligation, the respondent-authorities issued a show cause notice calling upon the appellant as to why the customs duty together with interest should not be recovered as mentioned in the show cause notice. The appellant having failed to reply to the show cause notice and failed to appear before the respondent - authorities proceeded to pass an Order in Original confirming the duty demand together with interest. Held that- impugned order upheld.
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