https://www.taxtmi.com/caselaws?id=1602 Rule 8 of the Foreign Trade (Regulations) Rules, 1993 permits the licensing authority to amend a licence by correction or alteration necessary to give effect to it, and the amendment may operate retrospectively from the original date of issue. On that basis, an expired EPCG licence may be revalidated and treated as relating back to the original grant. Once the licensing authority has exercised that jurisdiction, Customs authorities cannot sit in appeal over the amendment or insist on the original import condition as conclusive against the importer when assessing the import under the amended licence. en-us Wed, 18 Apr 2007 00:00:00 +0530 Tue, 15 Apr 2008 07:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1602 Rule 8 of the Foreign Trade (Regulations) Rules, 1993 permits the licensing authority to amend a licence by correction or alteration necessary to give effect to it, and the amendment may operate retrospectively from the original date of issue. On that basis, an expired EPCG licence may be revalidated and treated as relating back to the original grant. Once the licensing authority has exercised that jurisdiction, Customs authorities cannot sit in appeal over the amendment or insist on the original import condition as conclusive against the importer when assessing the import under the amended licence. Case-Laws Customs Wed, 18 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1602