https://www.taxtmi.com/caselaws?id=198865 The Tribunal allowed the appeals filed by M/s. Kinetic Engineering Ltd. and Shri U.M. Nesarikar, ruling in their favor regarding the rejection of their DEPB claim and drawback claim by the lower authorities. The Tribunal determined that the shaft, being a steel tube partly machined and welded to the steering, should be eligible for DEPB benefits under specific entries in the DEPB Schedule. Consequently, the appellants were entitled to the lower applicable rates for the shaft, and the penalties imposed on them were reduced significantly. The judgment was pronounced on March 17, 2017. en-us Fri, 17 Mar 2017 00:00:00 +0530 Sat, 10 Feb 2018 17:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198865 The Tribunal allowed the appeals filed by M/s. Kinetic Engineering Ltd. and Shri U.M. Nesarikar, ruling in their favor regarding the rejection of their DEPB claim and drawback claim by the lower authorities. The Tribunal determined that the shaft, being a steel tube partly machined and welded to the steering, should be eligible for DEPB benefits under specific entries in the DEPB Schedule. Consequently, the appellants were entitled to the lower applicable rates for the shaft, and the penalties imposed on them were reduced significantly. The judgment was pronounced on March 17, 2017. Case-Laws Customs Fri, 17 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198865