https://www.taxtmi.com/caselaws?id=80930 A subsequent cancellation of an import licence does not retrospectively invalidate imports already made when the licence was valid on the date of import. Goods imported earlier remained covered by the licence description, so Customs could not treat the import as unauthorised merely because the licence was later cancelled. Confiscation was also unsustainable where the authorities sought proof that the goods were constituent raw materials of the finished product, despite the licence permitting import of the described goods. The confiscation and penalty were set aside, with consequential relief. en-us Fri, 16 Nov 1990 00:00:00 +0530 Tue, 21 Jun 2011 13:03:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80930 A subsequent cancellation of an import licence does not retrospectively invalidate imports already made when the licence was valid on the date of import. Goods imported earlier remained covered by the licence description, so Customs could not treat the import as unauthorised merely because the licence was later cancelled. Confiscation was also unsustainable where the authorities sought proof that the goods were constituent raw materials of the finished product, despite the licence permitting import of the described goods. The confiscation and penalty were set aside, with consequential relief. Case-Laws Customs Fri, 16 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80930