https://www.taxtmi.com/caselaws?id=34162 The court ruled in favor of the Petitioner, granting them the benefit of concessional customs duty under Notification No. 269/76 and entitlement to duty drawback under Section 74 of the Customs Act. The court found the Show Cause Notices invalid and contrary to the CBEC's binding order, emphasizing that the availability of an alternative remedy by way of an appeal does not justify dismissing a petition that has been heard on its merits. The court made the rule absolute in favor of the Petitioner and directed the continuation of the bank guarantee for an additional 24 weeks from the date of the judgment. en-us Tue, 12 Aug 2008 00:00:00 +0530 Mon, 20 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34162 The court ruled in favor of the Petitioner, granting them the benefit of concessional customs duty under Notification No. 269/76 and entitlement to duty drawback under Section 74 of the Customs Act. The court found the Show Cause Notices invalid and contrary to the CBEC's binding order, emphasizing that the availability of an alternative remedy by way of an appeal does not justify dismissing a petition that has been heard on its merits. The court made the rule absolute in favor of the Petitioner and directed the continuation of the bank guarantee for an additional 24 weeks from the date of the judgment. Case-Laws Customs Tue, 12 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34162