https://www.taxtmi.com/caselaws?id=763102 The Tribunal upheld the conversion of 11 Shipping Bills from NFEI to EOU/other schemes, dismissing the Revenue's appeal. The decision was grounded on Section 149 of the Customs Act, 1962, which lacks a statutory time limit for amendments, overriding the procedural time limit outlined in CBIC Circular No.36/2010. The Tribunal emphasized the flexibility afforded by statutory provisions, affirming that circular time limits are non-mandatory and conversions can be approved beyond three months, aligning with precedent judgments. en-us Tue, 10 Dec 2024 00:00:00 +0530 Thu, 12 Dec 2024 18:06:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763102 The Tribunal upheld the conversion of 11 Shipping Bills from NFEI to EOU/other schemes, dismissing the Revenue's appeal. The decision was grounded on Section 149 of the Customs Act, 1962, which lacks a statutory time limit for amendments, overriding the procedural time limit outlined in CBIC Circular No.36/2010. The Tribunal emphasized the flexibility afforded by statutory provisions, affirming that circular time limits are non-mandatory and conversions can be approved beyond three months, aligning with precedent judgments. Case-Laws Customs Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763102