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2018 (12) TMI 958 - AT - CustomsForged DEPB license - finalization of assessment of Bills of Entry - Section 82 of Customs Act, 1962 - Held that:- In the instant case the assessments were provisional and at the time of finalization it was brought to the light that the DEPB scrips were forged having known the fact the department cannot put the Revenue at loss due to the argument that the importer was a bona fide transferee of the scrips and was not having any knowledge of the forgery etc., in respect of the scrips. In respect of DEPB scrips, Tribunal and Courts have been consistently holding that the forged DEPBs are ab initio non est. There is no infirmity with the order passed by the Commissioner (A) and that the appeal does not survive - appeal dismissed - decided against appellant.
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