https://www.taxtmi.com/caselaws?id=127008 Clearance of imported goods already lying uncleared with customs could be regularised by a subsequent amendment to the advance licence under the foreign trade policy. Where the competent licensing authority issued the amended licence and the goods were cleared under that amended authorisation, the import was not unauthorised merely because the amendment was obtained after importation. On that basis, confiscation and penalty were held unsustainable, and the Revenue's challenge failed. en-us Mon, 06 Oct 2008 00:00:00 +0530 Fri, 08 Feb 2013 17:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127008 Clearance of imported goods already lying uncleared with customs could be regularised by a subsequent amendment to the advance licence under the foreign trade policy. Where the competent licensing authority issued the amended licence and the goods were cleared under that amended authorisation, the import was not unauthorised merely because the amendment was obtained after importation. On that basis, confiscation and penalty were held unsustainable, and the Revenue's challenge failed. Case-Laws Customs Mon, 06 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127008