https://www.taxtmi.com/caselaws?id=775279 The CESTAT Chennai allowed the appeal, setting aside the order confirming recovery of duty for alleged overvaluation and obtaining excess DEPB scripts. The tribunal held that recovery under Section 28 of the Customs Act is impermissible for overvaluation of DEPB credits, as established in precedent cases. The proper authority to address excess DEPB claims is the DGFT, not Customs. Since DGFT did not initiate proceedings despite Customs' referral, the recovery order lacked jurisdiction and merit. en-us Tue, 22 Jul 2025 00:00:00 +0530 Wed, 23 Jul 2025 08:29:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775279 The CESTAT Chennai allowed the appeal, setting aside the order confirming recovery of duty for alleged overvaluation and obtaining excess DEPB scripts. The tribunal held that recovery under Section 28 of the Customs Act is impermissible for overvaluation of DEPB credits, as established in precedent cases. The proper authority to address excess DEPB claims is the DGFT, not Customs. Since DGFT did not initiate proceedings despite Customs' referral, the recovery order lacked jurisdiction and merit. Case-Laws Customs Tue, 22 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775279