https://www.taxtmi.com/caselaws?id=385069 The court ruled in favor of the writ applicant, an Export Oriented Unit (EOU), in a case concerning the validity of CST refunds on inputs procured from EOUs and used in the production of final products cleared into the Domestic Tariff Area (DTA). The court held that CST refunds were permissible under the Foreign Trade Policy (FTP) 2004-2009, rejecting restrictions imposed by the Handbook of Procedures (HBP). Additionally, the court found recovery proceedings initiated after a significant delay impermissible, citing lack of willful suppression or misrepresentation by the applicant. The impugned order was quashed, and the applicant's entitlement to CST refunds was upheld. en-us Wed, 21 Aug 2019 00:00:00 +0530 Fri, 21 Aug 2020 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385069 The court ruled in favor of the writ applicant, an Export Oriented Unit (EOU), in a case concerning the validity of CST refunds on inputs procured from EOUs and used in the production of final products cleared into the Domestic Tariff Area (DTA). The court held that CST refunds were permissible under the Foreign Trade Policy (FTP) 2004-2009, rejecting restrictions imposed by the Handbook of Procedures (HBP). Additionally, the court found recovery proceedings initiated after a significant delay impermissible, citing lack of willful suppression or misrepresentation by the applicant. The impugned order was quashed, and the applicant's entitlement to CST refunds was upheld. Case-Laws Customs Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385069