https://www.taxtmi.com/caselaws?id=340846 The rectification of mistake application filed by Sun Chemicals was allowed, modifying the order dated 17.10.2016. Following the Supreme Court's decision in the Vallabh Design Products case, the appeal was allowed, recognizing Sun Chemicals as a bona fide transferee of DEPB scrips obtained fraudulently. The court found an error apparent on the face of the record due to non-consideration of binding precedents, leading to the modification of the initial order on 8.3.2017. en-us Wed, 08 Mar 2017 00:00:00 +0530 Sat, 10 Feb 2018 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340846 The rectification of mistake application filed by Sun Chemicals was allowed, modifying the order dated 17.10.2016. Following the Supreme Court's decision in the Vallabh Design Products case, the appeal was allowed, recognizing Sun Chemicals as a bona fide transferee of DEPB scrips obtained fraudulently. The court found an error apparent on the face of the record due to non-consideration of binding precedents, leading to the modification of the initial order on 8.3.2017. Case-Laws Customs Wed, 08 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340846