![Consignment-wise Bank Realization Certificate sufficient for S.80HHC Deductions on Export Profits: Punjab and Haryana HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/500x300_2119648-bank-realization-certificate-export-taxscan.webp "Consignment-wise Bank Realization Certificate sufficient for S.80HHC Deductions on Export Profits: Punjab and Haryana HC [Read Order]")
Consignment-wise Bank Realization Certificate sufficient for S.80HHC Deductions on Export Profits: Punjab and Haryana HC [Read Order]
The Punjab &Haryana High Court recently clarified that consignment-wise Bank Realisation Certificates (BRC) are sufficient for exporters to prove...
![No Confiscation Without Authority: CESTAT Rules DRI and Customs Cannot Invalidate BRCs or DEPB Scrips Without DGFT or RBI Action [Read Order]](https://images.taxscan.in/h-upload/2025/09/03/250x150_2083779-confiscation-without-authority-cestat-dri-customs-brcs-depb-scrips-dgft-rbi-action-taxscan.webp "No Confiscation Without Authority: CESTAT Rules DRI and Customs Cannot Invalidate BRCs or DEPB Scrips Without DGFT or RBI Action [Read Order]")
![Relief for India Cements: CESTAT Holds Innocent Buyers Cannot Be Denied DEPB Scrip Benefits for Fraudulently Obtained Licences Unless Cancelled by DGFT [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/250x150_2080131-india-cements-cestat-innocent-buyers-depb-scrip-benefits-licences-dgft-taxscan.webp "Relief for India Cements: CESTAT Holds Innocent Buyers Cannot Be Denied DEPB Scrip Benefits for Fraudulently Obtained Licences Unless Cancelled by DGFT [Read Order]")
![Penalty u/s 114 Unsustainable as Goods Already Exported: CESTAT quashes Customs Order in DEPB Evasion Case [Read Order]](https://images.taxscan.in/h-upload/2025/07/28/250x150_2069977-penalty-us-114-unsustainable-goods-exported-cestat-quashes-customs-order-depb-evasion-case-taxscan.webp "Penalty u/s 114 Unsustainable as Goods Already Exported: CESTAT quashes Customs Order in DEPB Evasion Case [Read Order]")
![Failure to Consider BoE Duly Explained by CA Certificate: CESTAT quashes Customs Refund Rejection Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-Customs-Refund-SAD-on-imported-goods-India-taxscan.jpg "Failure to Consider BoE Duly Explained by CA Certificate: CESTAT quashes Customs Refund Rejection Order [Read Order]")
SAD Refunds Cannot be Denied due to Circular Removing Facility of DEPB Scrips Re-Crediting: Kerala HC [Read Order]
In a recent case, the Kerala High Court has held that SAD ( Special Additional Duty ) Refunds Cannot be Denied due to Circular Removing Facility of Duty Entitlement Pass Book ( DEPB ) scrips...
![Conversion From One Scheme to DEPB Scheme u/s149 of Customs Act is Allowable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Conversion-From-One-Scheme-DEPB-Scheme-Customs-Act-CESTAT-taxscan.jpg "Conversion From One Scheme to DEPB Scheme u/s149 of Customs Act is Allowable: CESTAT [Read Order]")
Customs Duty Liability Imposed on Export of Synthetic Fabrics without Considering Bank Realisation Certificate: CESTAT Quashes Demand [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the demand for Customs duty imposed on the export of synthetic fabrics without considering the Bank...
![Customs Duty Liability Imposed on Export of Synthetic Fabrics without Considering Bank Realisation Certificate: CESTAT Quashes Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Customs-Duty-Liability-Export-of-Synthetic-Fabrics-Bank-Realisation-Certificate-CESTAT-Quashes-Demand-taxscan.jpg "Customs Duty Liability Imposed on Export of Synthetic Fabrics without Considering Bank Realisation Certificate: CESTAT Quashes Demand [Read Order]")
Availing CENVAT Credit by Bills of Entry on basis of Forged VKGUY and DEPB License is Invalid: CESTAT [Read Order]
The Ahmedabad bench Customs, Excise and Service Tax Appellate Tribunal (CESTAT) availing Cenvat credit by bills of entry based on Vishesh Krishi and Gram Udyog Yojana (VKGUY) and Duty Entitlement...
![Availing CENVAT Credit by Bills of Entry on basis of Forged VKGUY and DEPB License is Invalid: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Availing-CENVAT-Credit-by-Bills-of-Entry-CENVAT-Credit-Bills-of-Entry-Forged-VKGUY-and-DEPB-License-VKGUY-DEPB-License-CESTAT-taxscan.jpg "Availing CENVAT Credit by Bills of Entry on basis of Forged VKGUY and DEPB License is Invalid: CESTAT [Read Order]")
DEPB Certificates obtained based on Forged Bank Realization Certificates were caused to be used in Bill of Entry: CESTAT confirms Penalty [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi Bench confirmed penalty as the Duty Entitlement Pass Book (DEPB) certificates obtained based on the forged bank realization...
![DEPB Certificates obtained based on Forged Bank Realization Certificates were caused to be used in Bill of Entry: CESTAT confirms Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/DEPB-Certificate-Forged-Bank-Realization-Certificates-Bill-of-Entry-CESTAT-Penalty-taxscan.jpg "DEPB Certificates obtained based on Forged Bank Realization Certificates were caused to be used in Bill of Entry: CESTAT confirms Penalty [Read Order]")
Profit Earned from DEPB and Duty Drawback Scheme is not entitled to deduction u/s 80-IB of IT Act: Supreme Court [Read Judgement]
The assessee is not entitled to a deduction under section 80IB of the Income Tax Act, 1961 for the profit generated by the Duty Entitlement Pass Book (DEPB) and Duty drawback, according to the...
![Profit Earned from DEPB and Duty Drawback Scheme is not entitled to deduction u/s 80-IB of IT Act: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/04/Profit-DEPB-Duty-Drawback-Scheme-deduction-Supreme-Court-taxscan.jpg "Profit Earned from DEPB and Duty Drawback Scheme is not entitled to deduction u/s 80-IB of IT Act: Supreme Court [Read Judgement]")
Clarification given by DGFT prevails over allegation made by Customs Department: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench ruled that Clarification given by Directorate General of Foreign Trade (DGFT) prevails over allegation made by Customs...
![Clarification given by DGFT prevails over allegation made by Customs Department: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Clarification-DGFT-Customs-Department-CESTAT-TAXSCAN.jpg "Clarification given by DGFT prevails over allegation made by Customs Department: CESTAT [Read Order]")