https://www.taxtmi.com/caselaws?id=253210 Exemption under an advance licence is available only where a valid and operative licence exists in the importer's name at the time of import. Here, the duplicate licence, enhanced quantities and transferability endorsement were found to have been procured by misrepresentation and contrary to the policy governing advance licences, and the licence had expired or stood suspended before the imports. The duty-free benefit was therefore denied. Because the goods were imported without valid exemption entitlement, confiscation, duty demand with interest, redemption fine and penalties were sustained as consequences of the fraudulent scheme to evade customs duty. en-us Mon, 07 May 2012 00:00:00 +0530 Tue, 18 Nov 2014 19:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253210 Exemption under an advance licence is available only where a valid and operative licence exists in the importer's name at the time of import. Here, the duplicate licence, enhanced quantities and transferability endorsement were found to have been procured by misrepresentation and contrary to the policy governing advance licences, and the licence had expired or stood suspended before the imports. The duty-free benefit was therefore denied. Because the goods were imported without valid exemption entitlement, confiscation, duty demand with interest, redemption fine and penalties were sustained as consequences of the fraudulent scheme to evade customs duty. Case-Laws Customs Mon, 07 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253210