https://www.taxtmi.com/caselaws?id=105895 Full waiver of pre-deposit was declined because the applicants showed no financial hardship, while the Tribunal treated it as prima facie difficult to regard the original exporter as the importer merely because licences issued to it were later transferred and used by another person for duty-free clearance. Rule 6 of the Foreign Trade Development Rules, 1993 was read, in the case of transferred licences, as referring to the transferee rather than the original licensee. The Tribunal also noted that the licences had been cancelled as fraudulently obtained and, on analogous facts, directed only partial deposit with stay of recovery for the balance. en-us Mon, 05 Apr 1999 00:00:00 +0530 Sat, 10 Mar 2012 13:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105895 Full waiver of pre-deposit was declined because the applicants showed no financial hardship, while the Tribunal treated it as prima facie difficult to regard the original exporter as the importer merely because licences issued to it were later transferred and used by another person for duty-free clearance. Rule 6 of the Foreign Trade Development Rules, 1993 was read, in the case of transferred licences, as referring to the transferee rather than the original licensee. The Tribunal also noted that the licences had been cancelled as fraudulently obtained and, on analogous facts, directed only partial deposit with stay of recovery for the balance. Case-Laws Customs Mon, 05 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105895