https://www.taxtmi.com/caselaws?id=243262 Exemption under Notification No. 203/92-Cus. was unavailable to a transferee of a DEEC licence unless the licensing authority had endorsed the licence as transferable. The endorsement was a condition precedent for a person other than the original licensee, and failure to satisfy it defeated the exemption claim at the threshold. Production of an end-use certificate could not cure this primary non-compliance or replace the required transferability endorsement. On the stated facts, the exemption claim failed and the denial of benefit was sustained. en-us Thu, 10 May 2012 00:00:00 +0530 Wed, 29 Jan 2014 10:17:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243262 Exemption under Notification No. 203/92-Cus. was unavailable to a transferee of a DEEC licence unless the licensing authority had endorsed the licence as transferable. The endorsement was a condition precedent for a person other than the original licensee, and failure to satisfy it defeated the exemption claim at the threshold. Production of an end-use certificate could not cure this primary non-compliance or replace the required transferability endorsement. On the stated facts, the exemption claim failed and the denial of benefit was sustained. Case-Laws Customs Thu, 10 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243262