https://www.taxtmi.com/caselaws?id=205597 HC upheld the Tribunal's finding that the importer's conduct in availing DEPB benefits on the basis of forged documents was not bona fide. It held that the proviso to Section 28, extending limitation where there is fraud, willful misstatement or suppression, applies not only to the original holder of a fraudulently obtained DEPB scrip but equally to a purchaser or successor who steps into such shoes. The taint of fraud attached to the document continues and cannot be washed off by transfer. As no substantial question of law arose, the appeal was dismissed and the demand sustained. en-us Wed, 02 Feb 2011 00:00:00 +0530 Tue, 25 Nov 2025 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205597 HC upheld the Tribunal's finding that the importer's conduct in availing DEPB benefits on the basis of forged documents was not bona fide. It held that the proviso to Section 28, extending limitation where there is fraud, willful misstatement or suppression, applies not only to the original holder of a fraudulently obtained DEPB scrip but equally to a purchaser or successor who steps into such shoes. The taint of fraud attached to the document continues and cannot be washed off by transfer. As no substantial question of law arose, the appeal was dismissed and the demand sustained. Case-Laws Customs Wed, 02 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205597