https://www.taxtmi.com/caselaws?id=172012 In a transferable licence scheme, the condition of non-availment of Modvat credit on inputs used in export goods could not be fastened on a transferee who had no direct knowledge of the original manufacture. The burden remained on the department, or on the original licence holder, to prove breach of that condition; in the absence of evidence of credit availment, suppression, collusion or wilful misstatement, the extended limitation period and penalty were not sustainable. en-us Mon, 11 Mar 2013 00:00:00 +0530 Tue, 11 Aug 2015 19:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172012 In a transferable licence scheme, the condition of non-availment of Modvat credit on inputs used in export goods could not be fastened on a transferee who had no direct knowledge of the original manufacture. The burden remained on the department, or on the original licence holder, to prove breach of that condition; in the absence of evidence of credit availment, suppression, collusion or wilful misstatement, the extended limitation period and penalty were not sustainable. Case-Laws Customs Mon, 11 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172012