Use of DEPB scrips permitted to discharge customs duty on freely importable natural rubber, notwithstanding prior circulars. The Policy limitation on duty-free imports does not prevent using DEPB scrips as a mode of payment of customs duty for natural rubber, which is lawfully importable on payment of prescribed duty; earlier circulars and the cited public notice do not affect this position.
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Provisions expressly mentioned in the judgment/order text.
Use of DEPB scrips permitted to discharge customs duty on freely importable natural rubber, notwithstanding prior circulars.
The Policy limitation on duty-free imports does not prevent using DEPB scrips as a mode of payment of customs duty for natural rubber, which is lawfully importable on payment of prescribed duty; earlier circulars and the cited public notice do not affect this position.
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