https://www.taxtmi.com/caselaws?id=220537 The Court upheld the Settlement Commission's decision to reject the appellant's claims regarding advance licenses of Export and Import. The Court emphasized that obligations under the licenses must be fulfilled, and benefits obtained from imports cannot excuse shortcomings. However, the Court extended the benefit of waiver of interest under Section 127(h) and the payment deadline, offering some relief to the appellant. The Writ Appeal was disposed of, addressing the appellant's concerns and upholding most of the Settlement Commission's decisions while providing limited relief. en-us Fri, 18 Jan 2013 00:00:00 +0530 Mon, 10 Feb 2014 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220537 The Court upheld the Settlement Commission's decision to reject the appellant's claims regarding advance licenses of Export and Import. The Court emphasized that obligations under the licenses must be fulfilled, and benefits obtained from imports cannot excuse shortcomings. However, the Court extended the benefit of waiver of interest under Section 127(h) and the payment deadline, offering some relief to the appellant. The Writ Appeal was disposed of, addressing the appellant's concerns and upholding most of the Settlement Commission's decisions while providing limited relief. Case-Laws Customs Fri, 18 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220537