https://www.taxtmi.com/caselaws?id=423056 The Tribunal dismissed the Revenue's appeals, affirming that the amendment to the Letter of Permission (LOP) applied retrospectively from the date of production commencement. It ruled that the use of duty-free raw materials for manufacturing products not initially listed in the LOP was legitimate due to a technical lapse. The Tribunal emphasized that the respondents complied with export obligations, and any lapses in the LOP could be overlooked if overall obligations were met. The decision was made in open court, upholding the Commissioner (Appeals)'s findings. en-us Tue, 04 Jan 2022 00:00:00 +0530 Sat, 28 May 2022 09:36:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423056 The Tribunal dismissed the Revenue's appeals, affirming that the amendment to the Letter of Permission (LOP) applied retrospectively from the date of production commencement. It ruled that the use of duty-free raw materials for manufacturing products not initially listed in the LOP was legitimate due to a technical lapse. The Tribunal emphasized that the respondents complied with export obligations, and any lapses in the LOP could be overlooked if overall obligations were met. The decision was made in open court, upholding the Commissioner (Appeals)'s findings. Case-Laws Customs Tue, 04 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423056