https://www.taxtmi.com/caselaws?id=167098 Imported power-driven pumps were not accepted as components covered by the additional licences because no identifiable manufactured product was shown and the goods were not proved to be parts of a product made by the transferee concern. The actual user requirement was also not satisfied: the transferee was not registered for the relevant manufacture at the time of import, a later amendment could not cure the defect retrospectively, and customs were entitled to verify compliance with that condition. The redemption fine was upheld because it was fixed after considering the margin of profit and no arbitrariness or excess was shown. en-us Thu, 26 Jul 1984 00:00:00 +0530 Fri, 05 Dec 2014 18:13:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167098 Imported power-driven pumps were not accepted as components covered by the additional licences because no identifiable manufactured product was shown and the goods were not proved to be parts of a product made by the transferee concern. The actual user requirement was also not satisfied: the transferee was not registered for the relevant manufacture at the time of import, a later amendment could not cure the defect retrospectively, and customs were entitled to verify compliance with that condition. The redemption fine was upheld because it was fixed after considering the margin of profit and no arbitrariness or excess was shown. Case-Laws Customs Thu, 26 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167098