Wrongful DEPB availment on exports using duty exempt inputs prompts recovery and stricter export compliance measures. M/s. Marina Shoes Limited wrongfully claimed DEPB Credit on leather full shoes after importing unit soles exempt from basic customs duty under the DFRC Scheme; authorities note this misuse and instruct ports and registering offices to prevent recurrence and to make recoveries where DEPB scrips were verified and imports allowed against them.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Wrongful DEPB availment on exports using duty exempt inputs prompts recovery and stricter export compliance measures.
M/s. Marina Shoes Limited wrongfully claimed DEPB Credit on leather full shoes after importing unit soles exempt from basic customs duty under the DFRC Scheme; authorities note this misuse and instruct ports and registering offices to prevent recurrence and to make recoveries where DEPB scrips were verified and imports allowed against them.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
