https://www.taxtmi.com/caselaws?id=80161 Transferred R.E.P. licences could be used for customs clearance under paragraph 141 of the Import and Export Policy, April 1982 to March 1983, without endorsement or prior permission from the licensing authority. Where the bills of entry were filed before suspension of the licence, the transfer appeared bona fide and clearance was to follow on production of the transfer document. Fraud was not readily inferable on the stated facts, and a licence obtained by fraud was treated as voidable rather than void ab initio, meaning it remained effective until avoided. On that basis, imported goods could not be denied clearance merely because fraud was alleged in the licence transaction. en-us Tue, 06 Jun 1989 00:00:00 +0530 Thu, 18 Aug 2011 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80161 Transferred R.E.P. licences could be used for customs clearance under paragraph 141 of the Import and Export Policy, April 1982 to March 1983, without endorsement or prior permission from the licensing authority. Where the bills of entry were filed before suspension of the licence, the transfer appeared bona fide and clearance was to follow on production of the transfer document. Fraud was not readily inferable on the stated facts, and a licence obtained by fraud was treated as voidable rather than void ab initio, meaning it remained effective until avoided. On that basis, imported goods could not be denied clearance merely because fraud was alleged in the licence transaction. Case-Laws Customs Tue, 06 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80161