https://www.taxtmi.com/caselaws?id=167120 Import control authorities could not adjust the value of a validly issued import licence against a later entitlement unless that power was expressly conferred by the governing scheme or flowed from a lawful cancellation or debarment order. A composite licence without item-wise value allocation did not justify treating the unused item value as excess licensing, and the undertaking covered adjustment only if excess licensing was found on scrutiny. The adjustment and appellate orders were also invalid because they were made without notice or hearing, and natural justice applied where import entitlement was directly affected. en-us Fri, 05 Oct 1984 00:00:00 +0530 Sat, 06 Dec 2014 14:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167120 Import control authorities could not adjust the value of a validly issued import licence against a later entitlement unless that power was expressly conferred by the governing scheme or flowed from a lawful cancellation or debarment order. A composite licence without item-wise value allocation did not justify treating the unused item value as excess licensing, and the undertaking covered adjustment only if excess licensing was found on scrutiny. The adjustment and appellate orders were also invalid because they were made without notice or hearing, and natural justice applied where import entitlement was directly affected. Case-Laws Customs Fri, 05 Oct 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167120