https://www.taxtmi.com/caselaws?id=33150 Valid EPCG licence coverage prevented confiscation of imported cars that remained with Customs, had not been assessed under the exemption notification, and were not cleared through a Bill of Entry. Mere apprehension that the importer might later misuse the scheme could not support confiscation, redemption fine, or penalty. Precedent concerning forged or fraudulent licences did not apply because the licence remained valid and unchallenged by the licensing authority. Customs could not deny the licence-based benefit or impose penal consequences on anticipated misuse; alleged misrepresentation in obtaining the licence falls for examination by the licensing authority unless fraud is established. en-us Mon, 25 Aug 2008 00:00:00 +0530 Fri, 24 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33150 Valid EPCG licence coverage prevented confiscation of imported cars that remained with Customs, had not been assessed under the exemption notification, and were not cleared through a Bill of Entry. Mere apprehension that the importer might later misuse the scheme could not support confiscation, redemption fine, or penalty. Precedent concerning forged or fraudulent licences did not apply because the licence remained valid and unchallenged by the licensing authority. Customs could not deny the licence-based benefit or impose penal consequences on anticipated misuse; alleged misrepresentation in obtaining the licence falls for examination by the licensing authority unless fraud is established. Case-Laws Customs Mon, 25 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33150