https://www.taxtmi.com/caselaws?id=257004 The Public Notice dated 07.04.2000 restricted DEPB credit to freely importable items and excluded capital goods. Because the Bills of Entry were filed after that date and the imported goods were cleared as capital goods, the earlier DEPB scrip could not override the restriction in force on the date of clearance. DEPB credit was therefore not available for payment of customs duty on the imported capital goods, and the Revenue's appeal succeeded. en-us Thu, 25 Sep 2014 00:00:00 +0530 Tue, 16 Jun 2015 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257004 The Public Notice dated 07.04.2000 restricted DEPB credit to freely importable items and excluded capital goods. Because the Bills of Entry were filed after that date and the imported goods were cleared as capital goods, the earlier DEPB scrip could not override the restriction in force on the date of clearance. DEPB credit was therefore not available for payment of customs duty on the imported capital goods, and the Revenue's appeal succeeded. Case-Laws Customs Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257004