https://www.taxtmi.com/caselaws?id=789140 The Foreign Trade Policy bar on simultaneous SHIS and TUFS applies only where a status holder seeks SHIS on its own exports for the same year in which TUFS is availed. Here, the assessee purchased valid SHIS scrips from other license holders and used them as a transferee to debit customs duty on imported capital goods; it did not claim SHIS on its own exports for that year. The customs and Cenvat framework permitted import against such scrips and credit of the eligible additional duty, so denial of Cenvat credit was unsustainable. en-us Mon, 02 Mar 2026 00:00:00 +0530 Sat, 04 Apr 2026 08:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789140 The Foreign Trade Policy bar on simultaneous SHIS and TUFS applies only where a status holder seeks SHIS on its own exports for the same year in which TUFS is availed. Here, the assessee purchased valid SHIS scrips from other license holders and used them as a transferee to debit customs duty on imported capital goods; it did not claim SHIS on its own exports for that year. The customs and Cenvat framework permitted import against such scrips and credit of the eligible additional duty, so denial of Cenvat credit was unsustainable. Case-Laws Central Excise Mon, 02 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789140