https://www.taxtmi.com/caselaws?id=240922 Advance licence shipping bills could not be converted into DEPB Scheme shipping bills where the export was originally made under the Advance Licence Scheme, the licence was later cancelled at the exporter's request, and the conversion request was made after the time limit in the relevant Board Circular. DEPB benefit also depended on declaration and verification of standard input-output norms by customs authorities, which had not been completed. On these facts, conversion was held inadmissible and the order refusing conversion was upheld. en-us Wed, 13 Jul 2011 00:00:00 +0530 Sat, 14 Dec 2013 09:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240922 Advance licence shipping bills could not be converted into DEPB Scheme shipping bills where the export was originally made under the Advance Licence Scheme, the licence was later cancelled at the exporter's request, and the conversion request was made after the time limit in the relevant Board Circular. DEPB benefit also depended on declaration and verification of standard input-output norms by customs authorities, which had not been completed. On these facts, conversion was held inadmissible and the order refusing conversion was upheld. Case-Laws Customs Wed, 13 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240922