2023 (9) TMI 1075 - SCH - Customs

Valuation of export goods - deemed export - undervalued clearances of PTA made to deemed export category buyers - it was held by CESTAT that The transferred advance license, can be beneficial for the appellant for duty free inputs of the raw materials required for manufacture in the appellant s factory. Hence, certain benefit accrued to the appellant through the receipt of transferred advance licenses. HELD THAT - Since, the question involved in these appeals is covered against the appellant as per the judgment of this Court in Commissioner of Customs, Cochin v. GTN Textiles 2022 (10) TMI 579 - SUPREME COURT , these Civil Appeals stand dismissed.

Summary

The Supreme Court of India in 2023 dismissed the Civil Appeals as the question involved was already decided against the appellant in a previous judgment (Commissioner of Customs, Cochin v. GTN Textiles, 2022 SCC OnLine SC 1361).