2016 (3) TMI 1331 - HC - Customs

Validity of Complete and overall cap on the duty credit scrip - Incremental Export Incentivisation Scheme (IEIS) - misuse of the scheme - Held that - The issue stands decided in the case of JSW STEEL LIMITED 2016 (1) TMI 957 - BOMBAY HIGH COURT , where it was held that The 2013 Notification places no cap or restriction on the value of the IEIS scrip - petition allowed - decided in favor of petitioner.

Summary

The High Court of Bombay allowed the Writ Petition based on a previous division bench judgment in Writ Petition No. 1750 of 2015, JSW Limited vs. Union of India & Ors. The petition is disposed of, and the direction to comply with the order must be fulfilled within eight weeks.