2022 (8) TMI 666 - SCH - Customs

DEPB credit - Quartz watches - it was held by High Court that quartz wrist watches with gold bracelets would fall in the generic description of quartz watches at serial Nos. 36 and 37 of the DEPB Scheme. In fact our interpretation is in consonance with the general instruction No. 4/general Para No. 4 introduced on 31st March 1999 inasmuch as it admits that gold watches are covered under the generic description of watches. HELD THAT - There are no cogent reason to entertain these appeals. The judgment impugned does not warrant any interference - appeal dismissed.