https://www.taxtmi.com/caselaws?id=271616 The court addressed the re-crediting of duty amount by authorities, totaling Rs. 4.69 crores, and the petitioner's inability to utilize it during the original license period. Despite a six-month extension granted, only about four and a half months remained in the revalidated license period. The court declined further action but affirmed the petitioner's right to apply for future license extensions. The judgment aimed at resolving the immediate issue while allowing flexibility for potential future extensions and legal recourse, ensuring fairness in light of the initial mishandling of the duty amount and subsequent revalidation of the license for a shorter duration. en-us Thu, 07 Jan 2016 00:00:00 +0530 Wed, 10 Feb 2016 09:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271616 The court addressed the re-crediting of duty amount by authorities, totaling Rs. 4.69 crores, and the petitioner's inability to utilize it during the original license period. Despite a six-month extension granted, only about four and a half months remained in the revalidated license period. The court declined further action but affirmed the petitioner's right to apply for future license extensions. The judgment aimed at resolving the immediate issue while allowing flexibility for potential future extensions and legal recourse, ensuring fairness in light of the initial mishandling of the duty amount and subsequent revalidation of the license for a shorter duration. Case-Laws Customs Thu, 07 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271616