https://www.taxtmi.com/highlights?id=72513 Reversal of Duty Drawback - Advance Licence and duty drawback are mutually exclusive or not - The Circular proceeds on the basis that the inputs that are duty exempt constitute only a fraction of the over-all inputs used, as otherwise, the very purpose of the DD Scheme would become redundant. Abuse of the position, as recognized even under Circular No.19/2005 is not an impossibility. - The indigo blue used in the goods claiming duty drawback, is only a fraction. - Revenue appeal dismissed - HC en-us Thu, 12 Oct 2023 10:51:25 +0530 Thu, 12 Oct 2023 10:51:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72513 Reversal of Duty Drawback - Advance Licence and duty drawback are mutually exclusive or not - The Circular proceeds on the basis that the inputs that are duty exempt constitute only a fraction of the over-all inputs used, as otherwise, the very purpose of the DD Scheme would become redundant. Abuse of the position, as recognized even under Circular No.19/2005 is not an impossibility. - The indigo blue used in the goods claiming duty drawback, is only a fraction. - Revenue appeal dismissed - HC Highlights Customs Thu, 12 Oct 2023 10:51:25 +0530 https://www.taxtmi.com/highlights?id=72513