https://www.taxtmi.com/caselaws?id=117368 Imports made under EPCG licences issued under the 1992-97 policy were held eligible for the revised 10% customs duty rate after later DGFT notifications, because the notifications applied generally to earlier policy licences for imports cleared after their issue. The benefit was not dependent on a fresh endorsement in each licence, and the original reference to 15% could not justify denial of the concessional rate. The record also showed installation of the machines for export production and completion of export obligation, and the DGFT clarification supported entitlement. On that basis, assessment at 15% was rejected as unsustainable. en-us Sun, 09 Jan 2005 00:00:00 +0530 Fri, 22 Jun 2012 12:03:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117368 Imports made under EPCG licences issued under the 1992-97 policy were held eligible for the revised 10% customs duty rate after later DGFT notifications, because the notifications applied generally to earlier policy licences for imports cleared after their issue. The benefit was not dependent on a fresh endorsement in each licence, and the original reference to 15% could not justify denial of the concessional rate. The record also showed installation of the machines for export production and completion of export obligation, and the DGFT clarification supported entitlement. On that basis, assessment at 15% was rejected as unsustainable. Case-Laws Customs Sun, 09 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117368