Denial of benefit of exemption under EPCG licience - The only ...

Denial of EPCG Exemption Unfounded; Appellant Met Obligations, No Mandated Relaxation Required by FTP or Public Notice.

October 4, 2021

Case Laws     Customs     AT

Denial of benefit of exemption under EPCG licience - The only allegation is that the appellant has not applied for and obtained a relaxation which is not the requirement either under para 2.58 of the FTP or under the Public Notice. Having surrendered that SHIS scrips to the JDGFT, Hyderabad, completely unused the appellant has completed his end of the responsibility. By cancelling the scrips, the JDGFT has done its job. Nothing else is required to avail the benefit of the Public Notice and nothing can be read into it. Once the benefit of the Public Notice is available, the allegation that condition no. 2(4) has been violated by the appellant by obtaining both EPCG and SHIS scrips cannot sustain. - AT

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