https://www.taxtmi.com/caselaws?id=76428 A sale restriction on an imported car linked to the Transfer of Residence scheme could not be sustained where Transfer of Residence benefit had been denied and the vehicle was released only on payment of duty, redemption fine and penalty. The stated legal point is that such a prohibition may operate only where it is part of the concessional TR framework or supported by an independent statutory provision. In the absence of that basis, no separate two-year bar on sale was shown to be legally enforceable, and the cancellation of the restriction was confirmed. en-us Fri, 20 Mar 2009 00:00:00 +0530 Thu, 24 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76428 A sale restriction on an imported car linked to the Transfer of Residence scheme could not be sustained where Transfer of Residence benefit had been denied and the vehicle was released only on payment of duty, redemption fine and penalty. The stated legal point is that such a prohibition may operate only where it is part of the concessional TR framework or supported by an independent statutory provision. In the absence of that basis, no separate two-year bar on sale was shown to be legally enforceable, and the cancellation of the restriction was confirmed. Case-Laws Customs Fri, 20 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76428