https://www.taxtmi.com/caselaws?id=751202 CESTAT Hyderabad allowed the appeal regarding IGST exemption on imported input materials under Advance Authorization Scheme. The tribunal found that appellant had legitimately used imported goods as inputs for exported products and received Export Obligation Discharge Certificate from DGFT. Despite Revenue's contributory negligence in allowing exemption under wrong notification, the situation was revenue neutral with no malafide intent. Following Supreme Court precedent in Nirlon Ltd case, extended limitation period was not invokable, and the demand was set aside. en-us Mon, 08 Apr 2024 00:00:00 +0530 Tue, 09 Apr 2024 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751202 CESTAT Hyderabad allowed the appeal regarding IGST exemption on imported input materials under Advance Authorization Scheme. The tribunal found that appellant had legitimately used imported goods as inputs for exported products and received Export Obligation Discharge Certificate from DGFT. Despite Revenue's contributory negligence in allowing exemption under wrong notification, the situation was revenue neutral with no malafide intent. Following Supreme Court precedent in Nirlon Ltd case, extended limitation period was not invokable, and the demand was set aside. Case-Laws Customs Mon, 08 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751202