https://www.taxtmi.com/caselaws?id=107883 Import of goods shipped after suspension of the REP licences was treated as invalid because the licences were no longer operative on the shipment date. Earlier authorities were distinguished on the basis that they concerned imports against licences that remained valid at the relevant time and did not involve prior suspension. The import was therefore held liable to confiscation, the impugned order was set aside in favour of Revenue, and the questions of redemption fine and penalty were remanded to the jurisdictional Commissioner for fresh decision. en-us Wed, 23 Jul 2003 00:00:00 +0530 Tue, 27 Mar 2012 14:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107883 Import of goods shipped after suspension of the REP licences was treated as invalid because the licences were no longer operative on the shipment date. Earlier authorities were distinguished on the basis that they concerned imports against licences that remained valid at the relevant time and did not involve prior suspension. The import was therefore held liable to confiscation, the impugned order was set aside in favour of Revenue, and the questions of redemption fine and penalty were remanded to the jurisdictional Commissioner for fresh decision. Case-Laws Customs Wed, 23 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107883