https://www.taxtmi.com/caselaws?id=440176 An exemption under Notification No. 102/2009-Customs was interpreted in light of the Foreign Trade Policy, the Handbook of Procedures, an amendment and a DGFT clarificatory public notice. The decisive question was whether SHIS and Zero Duty EPCG benefits were simultaneously availed for the same relevant period; mere issuance of both instruments in the same physical year was not enough. On the stated facts, SHIS related to exports of 2009-10, while the Zero Duty EPCG authorisation was issued for 2011-12, so no overlap arose and the notification condition was not breached. The exemption therefore remained available. en-us Tue, 11 Jul 2023 00:00:00 +0530 Sat, 03 Feb 2024 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440176 An exemption under Notification No. 102/2009-Customs was interpreted in light of the Foreign Trade Policy, the Handbook of Procedures, an amendment and a DGFT clarificatory public notice. The decisive question was whether SHIS and Zero Duty EPCG benefits were simultaneously availed for the same relevant period; mere issuance of both instruments in the same physical year was not enough. On the stated facts, SHIS related to exports of 2009-10, while the Zero Duty EPCG authorisation was issued for 2011-12, so no overlap arose and the notification condition was not breached. The exemption therefore remained available. Case-Laws Customs Tue, 11 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440176