https://www.taxtmi.com/caselaws?id=758705 The HC dismissed the appeal and confirmed the writ court's order granting refund of Rs. 28,42,745 paid in cash by the petitioner on 19.07.1999. The court held that adjustment of Countervailing Duty against Duty Entitlement Pass Book scrips was permissible, following the precedent in SPIC Limited case. The limitation period was satisfied as the claim for re-credit was made on 27.8.99, within six months of payment under Section 27. The question of re-credit to DEPB scrips did not arise as the scrip had expired. en-us Mon, 12 Aug 2024 00:00:00 +0530 Wed, 18 Sep 2024 07:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758705 The HC dismissed the appeal and confirmed the writ court's order granting refund of Rs. 28,42,745 paid in cash by the petitioner on 19.07.1999. The court held that adjustment of Countervailing Duty against Duty Entitlement Pass Book scrips was permissible, following the precedent in SPIC Limited case. The limitation period was satisfied as the claim for re-credit was made on 27.8.99, within six months of payment under Section 27. The question of re-credit to DEPB scrips did not arise as the scrip had expired. Case-Laws Customs Mon, 12 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758705