https://www.taxtmi.com/caselaws?id=43490 An import replenishment licence covering items in Appendix 17, clause G-2 was construed as limited to goods having a direct nexus with the relevant export products, so almonds in shell could not be imported as "seeds" for that purpose and the unauthorised import finding was upheld. The court also examined the redemption fine and penalty under the Customs Act on the facts and reduced both to half of the amounts imposed, treating the amount already deposited to that extent as sufficient. The confiscation and licence breach findings remained in place, but the monetary consequences were substantially reduced. en-us Mon, 25 Jan 1993 00:00:00 +0530 Fri, 18 Jun 2010 12:52:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43490 An import replenishment licence covering items in Appendix 17, clause G-2 was construed as limited to goods having a direct nexus with the relevant export products, so almonds in shell could not be imported as "seeds" for that purpose and the unauthorised import finding was upheld. The court also examined the redemption fine and penalty under the Customs Act on the facts and reduced both to half of the amounts imposed, treating the amount already deposited to that extent as sufficient. The confiscation and licence breach findings remained in place, but the monetary consequences were substantially reduced. Case-Laws Customs Mon, 25 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43490