Advance Licence Benefit Remains Valid Despite Credit; Section 111 Confiscation Requires Evidence of Post-Import Breach.

Advance Licence Benefit Remains Valid Despite Credit; Section 111 Confiscation Requires Evidence of Post-Import Breach. https://www.taxtmi.com/highlights?id=35795 Benefit of Advance Licence - Mere availment of credit is not sufficient to invoke the provisions of section 111 of Customs Act, 1962. The goods could not have been held to be liable for confiscation without evidence of post-importation conditions having been breached en-us Sat, 05 Aug 2017 12:19:27 +0530 Sat, 05 Aug 2017 12:19:27 +0530 TaxTMI RSS Generator Advance Licence Benefit Remains Valid Despite Credit; Section 111 Confiscation Requires Evidence of Post-Import Breach. https://www.taxtmi.com/highlights?id=35795 Benefit of Advance Licence - Mere availment of credit is not sufficient to invoke the provisions of section 111 of Customs Act, 1962. The goods could not have been held to be liable for confiscation without evidence of post-importation conditions having been breached Highlights Customs Sat, 05 Aug 2017 12:19:27 +0530 https://www.taxtmi.com/highlights?id=35795