https://www.taxtmi.com/highlights?id=89291 CESTAT dismissed revenue's appeals regarding Target Plus Scheme (TPS) utilization. The tribunal found that imported plastic granules had a legitimate nexus with ready-made garment exports, as confirmed by DGFT's acceptance of license conditions. The court emphasized that imported goods under TPS must be for actual use by importers or supporting manufacturers. The decision aligned with precedent in similar cases, specifically referencing a prior ruling involving Sunstar Overseas Ltd. The tribunal validated the assessee's compliance with TPS and Foreign Trade Policy (FTP) requirements, consequently rejecting revenue's proposed proceedings and upholding the original license benefits. en-us Wed, 11 Jun 2025 08:36:45 +0530 Wed, 11 Jun 2025 08:36:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=89291 CESTAT dismissed revenue's appeals regarding Target Plus Scheme (TPS) utilization. The tribunal found that imported plastic granules had a legitimate nexus with ready-made garment exports, as confirmed by DGFT's acceptance of license conditions. The court emphasized that imported goods under TPS must be for actual use by importers or supporting manufacturers. The decision aligned with precedent in similar cases, specifically referencing a prior ruling involving Sunstar Overseas Ltd. The tribunal validated the assessee's compliance with TPS and Foreign Trade Policy (FTP) requirements, consequently rejecting revenue's proposed proceedings and upholding the original license benefits. Highlights Customs Wed, 11 Jun 2025 08:36:45 +0530 https://www.taxtmi.com/highlights?id=89291