https://www.taxtmi.com/caselaws?id=100048 A transferee of an endorsed transferable import licence may claim exemption under Notification No. 204/92-Cus without proving a direct nexus between the imported goods and the exported product, where the export obligation has already been fulfilled and transfer is permitted under the policy conditions. The notification, read with its conditions, was intended to cover imported goods used to meet export obligation or to replenish goods used in exported products; once transferability is validly endorsed, the benefit extends to the transferee and cannot be refused solely for want of direct linkage. en-us Thu, 26 Apr 2001 00:00:00 +0530 Tue, 31 Jan 2012 10:54:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100048 A transferee of an endorsed transferable import licence may claim exemption under Notification No. 204/92-Cus without proving a direct nexus between the imported goods and the exported product, where the export obligation has already been fulfilled and transfer is permitted under the policy conditions. The notification, read with its conditions, was intended to cover imported goods used to meet export obligation or to replenish goods used in exported products; once transferability is validly endorsed, the benefit extends to the transferee and cannot be refused solely for want of direct linkage. Case-Laws Customs Thu, 26 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100048