https://www.taxtmi.com/caselaws?id=366458 The Appellate Tribunal CESTAT Ahmedabad upheld the permissibility of utilizing DEPB scrips for payment of duty in cash at the time of final assessment for imports made under advance authorization. The Tribunal emphasized that the timing of obtaining the DEPB license was irrelevant as long as the DEPB scrip was presented for debit during duty payment. The decision was based on legal precedent set by the Hon'ble Madras High Court and the Supreme Court, dismissing the Revenue's appeal and affirming the impugned order. en-us Thu, 26 Jul 2018 00:00:00 +0530 Wed, 05 Sep 2018 08:27:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366458 The Appellate Tribunal CESTAT Ahmedabad upheld the permissibility of utilizing DEPB scrips for payment of duty in cash at the time of final assessment for imports made under advance authorization. The Tribunal emphasized that the timing of obtaining the DEPB license was irrelevant as long as the DEPB scrip was presented for debit during duty payment. The decision was based on legal precedent set by the Hon'ble Madras High Court and the Supreme Court, dismissing the Revenue's appeal and affirming the impugned order. Case-Laws Customs Thu, 26 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366458