https://www.taxtmi.com/caselaws?id=166842 An import licence cancelled under the Imports (Control) Order, 1955 was treated as continuing in force until the date of lawful cancellation, and not as void ab initio. On that basis, goods shipped, arrived and covered by a Bill of Entry while the licence was still operative were not imported without a valid licence, so confiscation under section 111(d) of the Customs Act, 1962 was unsustainable. After confiscation was set aside, the Customs authorities were required to release the auction proceeds to the importer after deducting permissible expenses of sale and duty leviable on the goods. en-us Thu, 17 Nov 1983 00:00:00 +0530 Sat, 08 Nov 2014 12:52:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166842 An import licence cancelled under the Imports (Control) Order, 1955 was treated as continuing in force until the date of lawful cancellation, and not as void ab initio. On that basis, goods shipped, arrived and covered by a Bill of Entry while the licence was still operative were not imported without a valid licence, so confiscation under section 111(d) of the Customs Act, 1962 was unsustainable. After confiscation was set aside, the Customs authorities were required to release the auction proceeds to the importer after deducting permissible expenses of sale and duty leviable on the goods. Case-Laws Customs Thu, 17 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166842