https://www.taxtmi.com/caselaws?id=445683 Under the DFIA scheme, imported goods covered by the description, value and quantity in the authorisation cannot be denied customs exemption merely because the specific product name is not separately stated. The Tribunal held that, for the non-sensitive inputs involved, neither the Foreign Trade Policy nor the customs notification required the licence to mention ITC(HS)/CTH references, proof of actual use in the export product, or correlation of technical specifications, quality or characteristics. It also rejected the objection that import in smaller packs disqualified the benefit, as no such restriction was prescribed. Accordingly, Extra Virgin Olive Oil imported under the transferable DFIA licences qualified for basic customs duty exemption. en-us Thu, 16 Nov 2023 00:00:00 +0530 Fri, 03 May 2024 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445683 Under the DFIA scheme, imported goods covered by the description, value and quantity in the authorisation cannot be denied customs exemption merely because the specific product name is not separately stated. The Tribunal held that, for the non-sensitive inputs involved, neither the Foreign Trade Policy nor the customs notification required the licence to mention ITC(HS)/CTH references, proof of actual use in the export product, or correlation of technical specifications, quality or characteristics. It also rejected the objection that import in smaller packs disqualified the benefit, as no such restriction was prescribed. Accordingly, Extra Virgin Olive Oil imported under the transferable DFIA licences qualified for basic customs duty exemption. Case-Laws Customs Thu, 16 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445683