https://www.taxtmi.com/caselaws?id=175330 In a regulated liquor settlement, the governing rules and licence conditions determine when liability to pay licence fee begins. Where a retail shop is settled in the midst of the excise year, Rule 24 treats the licence as commencing from the date of settlement, and the auction-purchaser remains liable from that date even if the licence is issued later. The required advance security also had to be deposited within the prescribed time. The doctrine of condonation by conduct was held inapplicable to liquor trade, since it is a regulated privilege and not an ordinary business right; a bidder who accepted the licence with full knowledge of the conditions could not avoid the statutory liability. en-us Tue, 08 Jan 2013 00:00:00 +0530 Sat, 21 Nov 2015 22:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175330 In a regulated liquor settlement, the governing rules and licence conditions determine when liability to pay licence fee begins. Where a retail shop is settled in the midst of the excise year, Rule 24 treats the licence as commencing from the date of settlement, and the auction-purchaser remains liable from that date even if the licence is issued later. The required advance security also had to be deposited within the prescribed time. The doctrine of condonation by conduct was held inapplicable to liquor trade, since it is a regulated privilege and not an ordinary business right; a bidder who accepted the licence with full knowledge of the conditions could not avoid the statutory liability. Case-Laws Central Excise Tue, 08 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175330