2014 (8) TMI 465

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..... nto draw-back scheme can be allowed if benefit under DEEC Scheme is denied by DGFT/Ministry of Commerce or Customs authorities - Benefit not denied to assessee - Held that:- As per the CBEC Circular No.04/2004-Cus dated 16.01.2004 the condition for conversion is that if benefit under DEEC Scheme is denied by DGFT/Ministry of Commerce or Customs authorities, in that case conversion can be allowed. .....

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..... case are that the appellant filed a shipping bill under DEEC scheme but as the appellant has surrendered the DEEC license therefore, they sought conversion of the shipping bill from DEEC Scheme to draw-back scheme to avail export benefit. The learned Commissioner has denied the conversion of shipping bill on the ground that as per the CBEC Circular No. 04/2004-Cus dated 16.01.2004, conversion from .....

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..... lar No.04/2004-Cus dated 16.01.2004 the condition for conversion is that if benefit under DEEC Scheme is denied by DGFT/Ministry of Commerce or Customs authorities, in that case conversion can be allowed. Admittedly, in this case, benefit under DEEC Scheme was not denied to the appellant. Therefore, the learned Commissioner has rightly denied the conversion of shipping bill from DEEC Scheme to dra .....

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