https://www.taxtmi.com/caselaws?id=1870 The Tribunal allowed the appeal by M/s. Polyspin Ltd. against the demand of Rs. 59,36,812/- under Rule 16 of Drawback Rules, 1995. The Tribunal held that the company, which exported goods without claiming DEPB benefit, was eligible for drawback as they did not operate under the DEPB scheme. The Tribunal relied on Circular No. 57/2004-Cus. to support its decision, emphasizing that DEPB credit can be utilized to discharge duty liability on inputs, entitling the exporter to further DEPB credit. The impugned order was set aside based on the binding nature of the circular on all departmental authorities. en-us Mon, 19 Feb 2007 00:00:00 +0530 Tue, 15 Apr 2008 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1870 The Tribunal allowed the appeal by M/s. Polyspin Ltd. against the demand of Rs. 59,36,812/- under Rule 16 of Drawback Rules, 1995. The Tribunal held that the company, which exported goods without claiming DEPB benefit, was eligible for drawback as they did not operate under the DEPB scheme. The Tribunal relied on Circular No. 57/2004-Cus. to support its decision, emphasizing that DEPB credit can be utilized to discharge duty liability on inputs, entitling the exporter to further DEPB credit. The impugned order was set aside based on the binding nature of the circular on all departmental authorities. Case-Laws Customs Mon, 19 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1870