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    <title>1988 (5) TMI 195 - CEGAT, CALCUTTA</title>
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    <description>An expired import licence did not create a right to clearance when shipment was delayed beyond the licence period. The import policy&#039;s grace period under the Import-Export Procedures was only facilitative and could not be claimed as of right. On the facts, there was no reasonable cause for the delay and no satisfactory proof that the goods were covered by the licences under which the letter of credit had been opened. The refusal to condone the delay was therefore a factual exercise of discretion and was not arbitrary or discriminatory.</description>
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    <pubDate>Mon, 30 May 1988 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=73859</link>
      <description>An expired import licence did not create a right to clearance when shipment was delayed beyond the licence period. The import policy&#039;s grace period under the Import-Export Procedures was only facilitative and could not be claimed as of right. On the facts, there was no reasonable cause for the delay and no satisfactory proof that the goods were covered by the licences under which the letter of credit had been opened. The refusal to condone the delay was therefore a factual exercise of discretion and was not arbitrary or discriminatory.</description>
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      <pubDate>Mon, 30 May 1988 00:00:00 +0530</pubDate>
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