2019 (11) TMI 1338

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....agan Babu, AC (AR) for the Respondent ORDER M/s. Indian Oil Corporation, Chennai (IOCL in short) was engaged in supply of excise-bonded ATF (Aviation Turbine Fuel) to foreign going aircrafts of various airlines. They had obtained Advance Authorization License and exported, by such supply to foreign going aircrafts, under the license to avail the facility of duty free import of crude oil. IOC....

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.... dated 17.10.2013, the original authority allowed conversion in respect of 1687 shipping bills only. Against such order the appellant filed appeal before the Tribunal and vide Final Order dated 13.02.2017, the matter was remanded for considering afresh with respect to the remaining shipping bills. In such remand proceedings, the Commissioner disallowed conversion in respect of 2178 shipping bills ....

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.... issue of conversion of shipping bill was considered by the Tribunal and it was observed that since there is no time limit prescribed by law, during the relevant period, the department cannot reject the request for conversion of the shipping bills by placing reliance on the Board circular. The said decision though appealed by the assessee before the Hon'ble High Court of Madras, it was observe....

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.... request for conversion of the shipping bill cannot be granted. During the relevant period there was no provision under the Customs Act, 1962 prescribing the time limit for conversion of the shipping bill. Further, in the case of Global Calcium Pvt. Ltd. (supra), the request of the assessee was for conversion of the free shipping bills to drawback shipping bills. The Tribunal after considering the....