https://www.taxtmi.com/caselaws?id=96099 Value based advance licences for sensitive items were treated as covering nylon taffeta where the policy did not expressly invalidate the licence for lack of a separate quantity restriction, and any ambiguity was resolved in favour of the importer. The import was therefore held covered by the licence and the exemption benefit upheld. On valuation, the Additional Commissioner's figure was not sustained because he had not independently examined the material relied on, and the proper course was remand. The matter was sent back for fresh determination of duty liability and quantification, if any, after reconsidering valuation and the exemption position. en-us Tue, 20 Mar 2001 00:00:00 +0530 Sat, 17 Dec 2011 12:23:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96099 Value based advance licences for sensitive items were treated as covering nylon taffeta where the policy did not expressly invalidate the licence for lack of a separate quantity restriction, and any ambiguity was resolved in favour of the importer. The import was therefore held covered by the licence and the exemption benefit upheld. On valuation, the Additional Commissioner's figure was not sustained because he had not independently examined the material relied on, and the proper course was remand. The matter was sent back for fresh determination of duty liability and quantification, if any, after reconsidering valuation and the exemption position. Case-Laws Customs Tue, 20 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96099