https://www.taxtmi.com/caselaws?id=126131 The Tribunal allowed the appeals, setting aside duty demand and penalty imposition on appellants who purchased DEPB scrips fraudulently obtained by others. The decision was based on the appellants being bona fide purchasers, lack of collusion or misstatement by them, and inapplicability of duty demand for an extended period. Legal precedents, including Supreme Court and High Court judgments, supported the ruling, emphasizing the appellants' good faith in the transaction. The Tribunal's analysis aligned with previous decisions in similar cases, ultimately granting consequential relief to the appellants. en-us Tue, 31 Mar 2009 00:00:00 +0530 Thu, 27 Jul 2017 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126131 The Tribunal allowed the appeals, setting aside duty demand and penalty imposition on appellants who purchased DEPB scrips fraudulently obtained by others. The decision was based on the appellants being bona fide purchasers, lack of collusion or misstatement by them, and inapplicability of duty demand for an extended period. Legal precedents, including Supreme Court and High Court judgments, supported the ruling, emphasizing the appellants' good faith in the transaction. The Tribunal's analysis aligned with previous decisions in similar cases, ultimately granting consequential relief to the appellants. Case-Laws Customs Tue, 31 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126131