https://www.taxtmi.com/caselaws?id=250515 CESTAT Mumbai held that conversion of a shipping bill from the DEEC Scheme to the Drawback Scheme was not permissible because the governing CBEC Circular No. 04/2004-Cus allowed conversion only where DEEC benefit had been denied by the competent authorities. As the DEEC benefit had not been denied by DGFT, the Ministry of Commerce, or Customs, the prescribed condition precedent for conversion was not satisfied. The denial of conversion was therefore justified, and the appellant was not entitled to seek reclassification of the shipping bill from DEEC Scheme to Drawback Scheme. en-us Mon, 12 May 2014 00:00:00 +0530 Tue, 25 Nov 2014 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250515 CESTAT Mumbai held that conversion of a shipping bill from the DEEC Scheme to the Drawback Scheme was not permissible because the governing CBEC Circular No. 04/2004-Cus allowed conversion only where DEEC benefit had been denied by the competent authorities. As the DEEC benefit had not been denied by DGFT, the Ministry of Commerce, or Customs, the prescribed condition precedent for conversion was not satisfied. The denial of conversion was therefore justified, and the appellant was not entitled to seek reclassification of the shipping bill from DEEC Scheme to Drawback Scheme. Case-Laws Customs Mon, 12 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250515