https://www.taxtmi.com/caselaws?id=391909 Imports made under Advance Authorisation remained subject to the Foreign Trade Policy and the customs exemption conditions, including fulfilment of the export obligation and recovery of duty with interest on default. Because the goods were cleared under a conditional duty-free regime, non-fulfilment of that obligation did not convert the import into an ordinary dutiable transaction capable of yielding a cash refund under the transitional provision in section 142(3) of the CGST Act. Authorities cited for refund of CENVAT credit were held inapplicable. The refund claim was therefore not maintainable, and rejection of the refund was sustained. en-us Wed, 05 Feb 2020 00:00:00 +0530 Fri, 13 Nov 2020 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391909 Imports made under Advance Authorisation remained subject to the Foreign Trade Policy and the customs exemption conditions, including fulfilment of the export obligation and recovery of duty with interest on default. Because the goods were cleared under a conditional duty-free regime, non-fulfilment of that obligation did not convert the import into an ordinary dutiable transaction capable of yielding a cash refund under the transitional provision in section 142(3) of the CGST Act. Authorities cited for refund of CENVAT credit were held inapplicable. The refund claim was therefore not maintainable, and rejection of the refund was sustained. Case-Laws Customs Wed, 05 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391909