https://www.taxtmi.com/caselaws?id=394482 The case involved the import of "20MM Used Tyre Rubber Shreds" without the necessary license, leading to confiscation of goods and penalties under the Customs Act, 1962. The appellant argued they had the license at the Bill of Entry filing, despite the Bill of Lading predating it. The Hon'ble Member (Judicial) emphasized the need for a valid license at the time of import, not just at entry filing. The impugned order was set aside, remanding the matter for verifying the actual import date. Possessing a valid license during import is crucial to prevent confiscation, regardless of entry filing date. en-us Wed, 05 Feb 2020 00:00:00 +0530 Sat, 07 Nov 2020 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394482 The case involved the import of "20MM Used Tyre Rubber Shreds" without the necessary license, leading to confiscation of goods and penalties under the Customs Act, 1962. The appellant argued they had the license at the Bill of Entry filing, despite the Bill of Lading predating it. The Hon'ble Member (Judicial) emphasized the need for a valid license at the time of import, not just at entry filing. The impugned order was set aside, remanding the matter for verifying the actual import date. Possessing a valid license during import is crucial to prevent confiscation, regardless of entry filing date. Case-Laws Customs Wed, 05 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394482