Surrender of licence: cancellation follows written request if dues are cleared, no goods remain and no proceedings pending. A licensee may surrender a licence by written request to the Principal Commissioner or Commissioner of Customs; the commissioner may cancel the licence only if the licensee has paid all monies due to the Central Government, no warehoused goods remain or are deposited from the date of the request, and no proceedings under the Act or subordinate legislation are pending against the licensee.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Surrender of licence: cancellation follows written request if dues are cleared, no goods remain and no proceedings pending.
A licensee may surrender a licence by written request to the Principal Commissioner or Commissioner of Customs; the commissioner may cancel the licence only if the licensee has paid all monies due to the Central Government, no warehoused goods remain or are deposited from the date of the request, and no proceedings under the Act or subordinate legislation are pending against the licensee.
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