https://www.taxtmi.com/caselaws?id=751693 CESTAT Ahmedabad dismissed revenue's appeals challenging duty foregone recovery from exporters who used DEPB/DEEC credits for duty-free imports of CD ROMs. The tribunal held that declared transaction values were fair and exports genuine, rejecting allegations of mis-declaration and fraudulent DEPB credit obtainment. Since DGFT had not cancelled the DEPB licenses and they remained valid, customs authorities lacked jurisdiction to question their validity per Bombay HC precedent. Without DGFT cancellation of licenses, revenue's claims of fraudulent procurement were unsustainable, upholding the adjudicating authority's findings. en-us Tue, 09 Apr 2024 00:00:00 +0530 Sat, 28 Feb 2026 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751693 CESTAT Ahmedabad dismissed revenue's appeals challenging duty foregone recovery from exporters who used DEPB/DEEC credits for duty-free imports of CD ROMs. The tribunal held that declared transaction values were fair and exports genuine, rejecting allegations of mis-declaration and fraudulent DEPB credit obtainment. Since DGFT had not cancelled the DEPB licenses and they remained valid, customs authorities lacked jurisdiction to question their validity per Bombay HC precedent. Without DGFT cancellation of licenses, revenue's claims of fraudulent procurement were unsustainable, upholding the adjudicating authority's findings. Case-Laws Customs Tue, 09 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751693