TMI Blog2015 (11) TMI 439X X X X Extracts X X X X X X X X Extracts X X X X ..... of said para were sought to be included by the assessee in order to show that it had fulfilled the entire export obligations. However, the condition in this para is that the export has to be in the name of EPCG licence holder. It is specifically taken note of by the Tribunal in the impugned judgment that the exports which were purportedly shown did not bear any such EPCG licence and, therefore, ri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n manufacturing Polyster Filament Yarn, Polyproplene Filament Yarn etc. It had imported capital goods under EPCG Scheme and obtained the benefit of Notification No. 160/92-CUS dated 20.04.1992. On the basis of the said Notification, the assessee did not pay any import duty on the aforesaid imported goods but furnished a bond/undertaking to export finished products equivalent to four times of CIF v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ny bank guarantee as required, along with letter of request for extension. For this reason, the extension was not given to the assessee. The assessee, however, put an alternate case that it had two other units/divisions viz. M/s. Parasrampuria International and Parasfab International. It was contended that if the exports made by these divisions of the assessee are taken into consideration, then ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that the export has to be in the name of EPCG licence holder. It is specifically taken note of by the Tribunal in the impugned judgment that the exports which were purportedly shown did not bear any such EPCG licence and, therefore, rightly rejected the contention of the assessee even on this aspect. We, thus, do not find any error in the main order of the Tribunal or in the order dismissing t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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