https://www.taxtmi.com/caselaws?id=754308 Utilisation of export promotion scrips under the Foreign Trade Policy does not amount to payment of customs duty in cash for the purpose of refund under Notification No. 102/2007-Cus. The refund mechanism applies only where the imported goods are sold in the domestic market and the duty liability is discharged in the manner contemplated by the notification; a debit of scrips cannot substitute for such payment. The Tribunal followed its earlier view and treated the distinction between cash payment and scrip utilisation as decisive, while the cited Delhi High Court decision was distinguished on its facts and the effect of the relevant DGFT public notice. en-us Tue, 16 Apr 2024 00:00:00 +0530 Fri, 21 Jun 2024 08:16:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754308 Utilisation of export promotion scrips under the Foreign Trade Policy does not amount to payment of customs duty in cash for the purpose of refund under Notification No. 102/2007-Cus. The refund mechanism applies only where the imported goods are sold in the domestic market and the duty liability is discharged in the manner contemplated by the notification; a debit of scrips cannot substitute for such payment. The Tribunal followed its earlier view and treated the distinction between cash payment and scrip utilisation as decisive, while the cited Delhi High Court decision was distinguished on its facts and the effect of the relevant DGFT public notice. Case-Laws Customs Tue, 16 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754308