https://www.taxtmi.com/caselaws?id=291703 Fuel imported under an advance licence for captive power generation could not be counted against DEPB computation where the applicable export policy expressly excluded such fuel. On the stated facts, the exporter had imported only fuel, had otherwise fulfilled the export obligation, and had not brought in any other raw material under the scheme. The adverse orders cancelling the licence, suspending the Import Export Code, and refusing further licence were therefore unsustainable because the authorities failed to apply the amended fuel policy and the relevant clause correctly. en-us Tue, 04 Feb 2020 00:00:00 +0530 Mon, 23 Nov 2020 11:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291703 Fuel imported under an advance licence for captive power generation could not be counted against DEPB computation where the applicable export policy expressly excluded such fuel. On the stated facts, the exporter had imported only fuel, had otherwise fulfilled the export obligation, and had not brought in any other raw material under the scheme. The adverse orders cancelling the licence, suspending the Import Export Code, and refusing further licence were therefore unsustainable because the authorities failed to apply the amended fuel policy and the relevant clause correctly. Case-Laws Customs Tue, 04 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291703