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2015 (9) TMI 1311 - AT - CustomsDenial of DEPB credit - appellants have willfully obtained the DEPB by mis-declaration - Held that:- Appellant had imported raw materials duty-free under Notification No. 32/97-Cus. which allowed such import for jobbing purpose. The job worker was required to export the final product to the overseas supplier of raw materials. In this process, it was open to the job worker to make a value addition to the extent of not less than 10% CIF value of the imported raw material. The Tribunal has held that if at all benefit of drawback/DEPB could not be denied to the importers if they are jobbing and exports made using such imports but the benefit of the notification is admissible subject to their having fulfilled the condition of achievement of value addition. - No reason to interfere with the order of the adjudicating authority. - Decided against assessee.
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