https://www.taxtmi.com/caselaws?id=753530 A drawback notification for exports to Nepal was construed as containing distinct eligibility categories, including one for project supplies financed by multilateral agencies and paid in freely convertible currency. On a harmonious reading, KOICA-funded humanitarian supplies exported to Nepal and paid through foreign exchange fell within that category, so the goods were eligible for drawback. The exclusion relating to third-country goods was held to apply only to the separate category based on global tenders and Indian-currency payment, and could not be imported into the independent category for multilateral agency-funded supplies. The free shipping bills were therefore permitted to be converted into drawback shipping bills under Section 149 of the Customs Act, 1962. en-us Thu, 25 Jan 2024 00:00:00 +0530 Wed, 05 Jun 2024 08:14:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753530 A drawback notification for exports to Nepal was construed as containing distinct eligibility categories, including one for project supplies financed by multilateral agencies and paid in freely convertible currency. On a harmonious reading, KOICA-funded humanitarian supplies exported to Nepal and paid through foreign exchange fell within that category, so the goods were eligible for drawback. The exclusion relating to third-country goods was held to apply only to the separate category based on global tenders and Indian-currency payment, and could not be imported into the independent category for multilateral agency-funded supplies. The free shipping bills were therefore permitted to be converted into drawback shipping bills under Section 149 of the Customs Act, 1962. Case-Laws Customs Thu, 25 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753530