https://www.taxtmi.com/caselaws?id=33204 The High Court dismissed the revenue's appeals under Section 130 (1) of the Customs Act, 1962 against Tribunal's orders regarding DEPB scrips issued on forged documents. The Court upheld the innocence of the assessee in the fraud, emphasizing that genuine purchasers should not be deprived of benefits due to subsequent fraud revelations. Citing a Division Bench judgment and Supreme Court's dismissal of related appeals, the Court concluded that the current appeals lacked merit and were dismissed. The Court also declined to address applications for condonation of delay, affirming the entitlement of innocent purchasers to Customs Act benefits. en-us Tue, 21 Apr 2009 00:00:00 +0530 Mon, 27 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33204 The High Court dismissed the revenue's appeals under Section 130 (1) of the Customs Act, 1962 against Tribunal's orders regarding DEPB scrips issued on forged documents. The Court upheld the innocence of the assessee in the fraud, emphasizing that genuine purchasers should not be deprived of benefits due to subsequent fraud revelations. Citing a Division Bench judgment and Supreme Court's dismissal of related appeals, the Court concluded that the current appeals lacked merit and were dismissed. The Court also declined to address applications for condonation of delay, affirming the entitlement of innocent purchasers to Customs Act benefits. Case-Laws Customs Tue, 21 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33204