https://www.taxtmi.com/caselaws?id=116121 A Duty Free Replenishment Certificate licence issued subject to an Actual User condition and export-policy restrictions could not be enforced by a purchaser who was not the Actual User. Although the licences were described as transferable, the governing textile policy required the imported materials to be used only for further export production and barred transfer contrary to that policy. A transferee who bought the licences for consideration acquired no independent right to use them for import. Any grievance lay against the transferor, and the absence of a show-cause notice to the purchaser did not affect the validity of cancellation where notice had been given to the original licence holders. en-us Wed, 19 Jan 2005 00:00:00 +0530 Thu, 07 Jun 2012 14:30:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116121 A Duty Free Replenishment Certificate licence issued subject to an Actual User condition and export-policy restrictions could not be enforced by a purchaser who was not the Actual User. Although the licences were described as transferable, the governing textile policy required the imported materials to be used only for further export production and barred transfer contrary to that policy. A transferee who bought the licences for consideration acquired no independent right to use them for import. Any grievance lay against the transferor, and the absence of a show-cause notice to the purchaser did not affect the validity of cancellation where notice had been given to the original licence holders. Case-Laws Indian Laws Wed, 19 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116121