https://www.taxtmi.com/caselaws?id=77517 Under the REP licence scheme, imports were permitted only where the goods had a nexus with the export product and were actually used in its manufacture. The Bombay HC held that the licence's own declaration and Appendix 17 conditions were restrictive, so the broader reasoning in Bussa Overseas did not apply on these facts; SVA Udyog was the correct authority because it directly reflected the policy conditions. The Court also held that a transferee of an REP licence takes it subject to the same attached conditions and cannot claim a better right than the transferor. Neutral Malt Spirit could not be imported as "Ethyl Alcohol" absent the required nexus, so the import was impermissible. en-us Fri, 12 Mar 2010 00:00:00 +0530 Tue, 21 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77517 Under the REP licence scheme, imports were permitted only where the goods had a nexus with the export product and were actually used in its manufacture. The Bombay HC held that the licence's own declaration and Appendix 17 conditions were restrictive, so the broader reasoning in Bussa Overseas did not apply on these facts; SVA Udyog was the correct authority because it directly reflected the policy conditions. The Court also held that a transferee of an REP licence takes it subject to the same attached conditions and cannot claim a better right than the transferor. Neutral Malt Spirit could not be imported as "Ethyl Alcohol" absent the required nexus, so the import was impermissible. Case-Laws Customs Fri, 12 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77517