Use of imported goods or technology restricted to declared purpose; disposal permitted only under licence or instrument terms. Persons allotted imported goods, services or technology by the State Trading Corporation of India or another recognised agency must use them only for the manner and purpose declared in their application or supporting documents, and must not dispose of items obtained under a licence, certificate, scrip or any instrument bestowing financial or fiscal benefits except in accordance with the terms and conditions of that instrument.
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.
Use of imported goods or technology restricted to declared purpose; disposal permitted only under licence or instrument terms.
Persons allotted imported goods, services or technology by the State Trading Corporation of India or another recognised agency must use them only for the manner and purpose declared in their application or supporting documents, and must not dispose of items obtained under a licence, certificate, scrip or any instrument bestowing financial or fiscal benefits except in accordance with the terms and conditions of that instrument.
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