https://www.taxtmi.com/caselaws?id=442693 Misdescription in the Bill of Export and routing goods through an FTWZ logistics intermediary did not disqualify the exporter from MEIS scrips where the record showed the foreign buyer was the purchaser and export proceeds were realised. The export invoice, bill of export, e-BRCs, NOC, shipping bill and cargo receipt established that the FTWZ entity acted only as a storage and facilitation intermediary. The Delhi HC held that the ineligibility clauses in the Foreign Trade Policy could not be applied to defeat the actual export transaction or the object of MEIS, and the cancellation of the scrips was unsustainable. en-us Mon, 28 Aug 2023 00:00:00 +0530 Wed, 31 Jan 2024 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442693 Misdescription in the Bill of Export and routing goods through an FTWZ logistics intermediary did not disqualify the exporter from MEIS scrips where the record showed the foreign buyer was the purchaser and export proceeds were realised. The export invoice, bill of export, e-BRCs, NOC, shipping bill and cargo receipt established that the FTWZ entity acted only as a storage and facilitation intermediary. The Delhi HC held that the ineligibility clauses in the Foreign Trade Policy could not be applied to defeat the actual export transaction or the object of MEIS, and the cancellation of the scrips was unsustainable. Case-Laws Customs Mon, 28 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442693