https://www.taxtmi.com/caselaws?id=88765 Benefit under Notification No. 159/90 could not be denied merely because an advance licence had expired before clearance of warehoused goods, where the goods were imported under a valid advance licence. The notification and its explanation treated imports as covered when a valid licence was produced at clearance from Customs control, and the import policy supported the scheme where the import was ultimately backed by such licence. The later decision to warehouse the goods did not change the character of the import, so expiry of the licence before bonded clearance did not defeat the exemption on these facts. en-us Fri, 13 Feb 1998 00:00:00 +0530 Wed, 21 Sep 2011 11:23:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88765 Benefit under Notification No. 159/90 could not be denied merely because an advance licence had expired before clearance of warehoused goods, where the goods were imported under a valid advance licence. The notification and its explanation treated imports as covered when a valid licence was produced at clearance from Customs control, and the import policy supported the scheme where the import was ultimately backed by such licence. The later decision to warehouse the goods did not change the character of the import, so expiry of the licence before bonded clearance did not defeat the exemption on these facts. Case-Laws Customs Fri, 13 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88765