https://www.taxtmi.com/caselaws?id=387572 A post-01.10.2017 show cause notice cannot be sustained under the repealed 1995 Drawback Rules where the 2017 regime preserves only limited accrued rights. The text notes that Rule 16 of the 1995 Rules had no workable machinery for demanding or recovering drawback already paid, so recovery under that provision was unsustainable. It further states that, once export was completed, the department had no power to reassess the FOB value of goods already exported under the export valuation rules and Section 14 of the Customs Act. On these grounds, the impugned notice was quashed. en-us Fri, 18 Oct 2019 00:00:00 +0530 Fri, 08 Nov 2024 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387572 A post-01.10.2017 show cause notice cannot be sustained under the repealed 1995 Drawback Rules where the 2017 regime preserves only limited accrued rights. The text notes that Rule 16 of the 1995 Rules had no workable machinery for demanding or recovering drawback already paid, so recovery under that provision was unsustainable. It further states that, once export was completed, the department had no power to reassess the FOB value of goods already exported under the export valuation rules and Section 14 of the Customs Act. On these grounds, the impugned notice was quashed. Case-Laws Customs Fri, 18 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387572