https://www.taxtmi.com/circulars?id=7710 A buyer of transferable import licences acquired from the open market bears a duty to exercise due diligence: the purchaser must make enquiries and take requisite precaution before acquiring licences; failure to do so may result in attendant legal consequences. This advisory applies to all licence types bought from the market, including SIL, DEPB, DFIA and DFRC, and directs importers, agents and trade members to verify licences prior to purchase. en-us Fri, 24 Jul 2009 00:00:00 +0530 Tue, 06 Oct 2009 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7710 A buyer of transferable import licences acquired from the open market bears a duty to exercise due diligence: the purchaser must make enquiries and take requisite precaution before acquiring licences; failure to do so may result in attendant legal consequences. This advisory applies to all licence types bought from the market, including SIL, DEPB, DFIA and DFRC, and directs importers, agents and trade members to verify licences prior to purchase. Circulars Customs Fri, 24 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7710