https://www.taxtmi.com/caselaws?id=356719 The Tribunal upheld the Commissioner's decision in a case involving mis-declaration of imported goods to evade duty under an Advance License. The Tribunal supported the amendment of the Advance License retrospectively by the DGFT to include the correct goods description, setting aside penalties. Relying on Rule 8 of the Foreign Trade (Regulation) Rules, 1993 and a precedent affirming DGFT's authority to amend licenses retrospectively, the Tribunal dismissed the department's appeal. The decision emphasized that customs authorities cannot challenge imports once license conditions are fulfilled, ultimately dismissing the Revenue's appeal. en-us Fri, 22 Dec 2017 00:00:00 +0530 Sat, 10 Mar 2018 06:57:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356719 The Tribunal upheld the Commissioner's decision in a case involving mis-declaration of imported goods to evade duty under an Advance License. The Tribunal supported the amendment of the Advance License retrospectively by the DGFT to include the correct goods description, setting aside penalties. Relying on Rule 8 of the Foreign Trade (Regulation) Rules, 1993 and a precedent affirming DGFT's authority to amend licenses retrospectively, the Tribunal dismissed the department's appeal. The decision emphasized that customs authorities cannot challenge imports once license conditions are fulfilled, ultimately dismissing the Revenue's appeal. Case-Laws Customs Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356719