DGFT – High Court allows benefit of 0% duty of customs under EPCG Scheme

EPCG-Before the aforesaid company availed of the benefit of 10% duty of customs scheme in April 1999, the government had introduced a 0% duty of customs scheme with effect from April 1, 1999. The benefit of the above scheme was made available for the period from April 1, 1999 to March 31, 2000. But no notification was issued to that effect in exercise of powers conferred by sub-section (1) of Section 25 of the Customs Act, 1962. Because the above notification was introduced for the purpose of substitution of earlier notifications. The word substitution would connote that the Central Government...