https://www.taxtmi.com/caselaws?id=196204 The court ruled in favor of the petitioner, quashing the denial of Duty Entitlement Pass Book (DEPB) credit for the export of "non-alloy steel forging - machined." The court found the reasoning behind the denial to be erroneous, emphasizing that benefits should continue for subsequent exports based on previous approvals and the product description provided in relevant notifications. The petitioner was awarded the claimed amount of Rs. 7,61,423/- with interest at 9% per annum and costs of Rs. 10,000/-, as the court held that the denial of DEPB credit was unjustified. en-us Tue, 27 Jan 2015 00:00:00 +0530 Wed, 22 Nov 2017 08:11:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196204 The court ruled in favor of the petitioner, quashing the denial of Duty Entitlement Pass Book (DEPB) credit for the export of "non-alloy steel forging - machined." The court found the reasoning behind the denial to be erroneous, emphasizing that benefits should continue for subsequent exports based on previous approvals and the product description provided in relevant notifications. The petitioner was awarded the claimed amount of Rs. 7,61,423/- with interest at 9% per annum and costs of Rs. 10,000/-, as the court held that the denial of DEPB credit was unjustified. Case-Laws Customs Tue, 27 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196204