https://www.taxtmi.com/caselaws?id=363405 Terminal excise duty refund under the deemed export scheme must be assessed by reference to the Foreign Trade Policy and notifications in force when the supplies were made, so a later policy cannot retrospectively defeat an accrued entitlement. The Delhi HC further stated that the refund bar for goods exempt ab initio applies only where the supplies were unconditionally exempt at the relevant time. Because the customs exemption did not extend to the Chennai Metro Rail Project supplies, the goods were not exempt ab initio and the exclusion did not apply. The denial of refund was therefore unsustainable, and the claim had to be processed for the relevant period. en-us Mon, 09 Jul 2018 00:00:00 +0530 Thu, 21 Feb 2019 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363405 Terminal excise duty refund under the deemed export scheme must be assessed by reference to the Foreign Trade Policy and notifications in force when the supplies were made, so a later policy cannot retrospectively defeat an accrued entitlement. The Delhi HC further stated that the refund bar for goods exempt ab initio applies only where the supplies were unconditionally exempt at the relevant time. Because the customs exemption did not extend to the Chennai Metro Rail Project supplies, the goods were not exempt ab initio and the exclusion did not apply. The denial of refund was therefore unsustainable, and the claim had to be processed for the relevant period. Case-Laws Customs Mon, 09 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363405