https://www.taxtmi.com/caselaws?id=4529 The High Court of Madras held that the respondent complied with the conditions of the Value Based Advance Licence Scheme, fulfilling export obligations both in value and quantity. The court found the compendious licence issued by the licensing authority valid, rejecting the appellant's argument for individual licences for each input. The respondent was deemed entitled to discharge the legal undertaking, leading to the dismissal of the appeals and upholding of the single Judge's order. en-us Mon, 17 Dec 2007 00:00:00 +0530 Sat, 12 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4529 The High Court of Madras held that the respondent complied with the conditions of the Value Based Advance Licence Scheme, fulfilling export obligations both in value and quantity. The court found the compendious licence issued by the licensing authority valid, rejecting the appellant's argument for individual licences for each input. The respondent was deemed entitled to discharge the legal undertaking, leading to the dismissal of the appeals and upholding of the single Judge's order. Case-Laws Customs Mon, 17 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4529