https://www.taxtmi.com/caselaws?id=273542 The Supreme Court held that the Circular dated 31.8.1981 was invalid as it introduced a condition not present in Paragraph 138 of the Import Policy, 1981-82. The Court clarified that REP Licences were not limited to manufacturer-exporters against their own exports. Transferees of REP Licences were entitled to seek endorsements for importing materials, and the 'Actual User' condition did not apply to REP Licences transferred to Trading Houses. The Court allowed the appeal, directing the endorsement for the first petitioner's REP Licence, enabling the import of necessary materials. en-us Mon, 11 Jul 1983 00:00:00 +0530 Mon, 02 Jul 2018 11:24:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273542 The Supreme Court held that the Circular dated 31.8.1981 was invalid as it introduced a condition not present in Paragraph 138 of the Import Policy, 1981-82. The Court clarified that REP Licences were not limited to manufacturer-exporters against their own exports. Transferees of REP Licences were entitled to seek endorsements for importing materials, and the 'Actual User' condition did not apply to REP Licences transferred to Trading Houses. The Court allowed the appeal, directing the endorsement for the first petitioner's REP Licence, enabling the import of necessary materials. Case-Laws Indian Laws Mon, 11 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273542