https://www.taxtmi.com/caselaws?id=443525 The Court quashed the notification requiring importers to pay IGST, ruling it contrary to the Foreign Trade Policy. It held that the levy of IGST on imports under the EPCG Scheme was illegal and not in line with policy. The Court clarified that IGST should be exempted from such imports and ordered a refund of IGST paid during a specific period with interest. Trade Notice was quashed, and petitioners were granted relief, entitling them to the refund and interest. en-us Thu, 14 Sep 2023 00:00:00 +0530 Mon, 25 Sep 2023 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443525 The Court quashed the notification requiring importers to pay IGST, ruling it contrary to the Foreign Trade Policy. It held that the levy of IGST on imports under the EPCG Scheme was illegal and not in line with policy. The Court clarified that IGST should be exempted from such imports and ordered a refund of IGST paid during a specific period with interest. Trade Notice was quashed, and petitioners were granted relief, entitling them to the refund and interest. Case-Laws Customs Thu, 14 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443525