TMI Blog2017 (1) TMI 1727X X X X Extracts X X X X X X X X Extracts X X X X ..... . Any interpretation of the notification to the disadvantage of public interest shall result in breach of public trust. When the appellant executed bond to carry out certain obligations, non-fulfillment of such condition negates the claim to the notification benefit. Appellant is obligated under law to carry out the mandate thereof. Benefit of the notification cannot be interpreted liberally un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ppellant with necessary processing thereto shall disentitle it to the benefit of exemption Notification No. 104/94-Cus., dated 16-3-1994. 2. Record reveals that the appellant was importer of flexitanks and he did not carry out any processing thereof nor exported the same upon processing. It was the third party who entered into the picture for export. Therefore Revenue s allegation is that whe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the words used in the exemption notification. 4. We may state that exemption is granted at the cost of the public. Any interpretation of the notification to the disadvantage of public interest shall result in breach of public trust. When the appellant executed bond to carry out certain obligations, non-fulfillment of such condition negates the claim to the notification benefit. Appellant is ob ..... X X X X Extracts X X X X X X X X Extracts X X X X
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