https://www.taxtmi.com/caselaws?id=34553 An import policy that makes the competent licensing authority's interpretation final binds customs authorities, so a clarification issued under that policy cannot be ignored by a contrary customs view. Where an importer sought and obtained a clarification permitting extension of the letter of credit and imported goods in reliance on it, the import could not later be treated as unauthorised on the basis of a different interpretation by customs. The clarification was sufficient to resolve the dispute, and the confiscation order could not be sustained. The confiscation and appellate orders were set aside, and relief was granted to the importer. en-us Wed, 26 Aug 2009 00:00:00 +0530 Mon, 25 Mar 2013 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34553 An import policy that makes the competent licensing authority's interpretation final binds customs authorities, so a clarification issued under that policy cannot be ignored by a contrary customs view. Where an importer sought and obtained a clarification permitting extension of the letter of credit and imported goods in reliance on it, the import could not later be treated as unauthorised on the basis of a different interpretation by customs. The clarification was sufficient to resolve the dispute, and the confiscation order could not be sustained. The confiscation and appellate orders were set aside, and relief was granted to the importer. Case-Laws Customs Wed, 26 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34553