https://www.taxtmi.com/caselaws?id=45040 A transferable advance licence, once validly endorsed after discharge of the original export obligation, cannot be subjected by Customs to further nexus verification or thickness conformity objections against the transferee. The operative obligation to correlate imports with exports is tied to the subsisting export obligation of the original licence holder, and that requirement ceases once discharge is obtained. In the absence of cancellation by the licensing authority, Customs cannot withhold clearance on the ground of alleged non-conformity; any such issue lies for examination by the licensing authority. The transferee may import goods within the licence description. en-us Thu, 05 Nov 1998 00:00:00 +0530 Thu, 08 Jul 2010 10:32:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45040 A transferable advance licence, once validly endorsed after discharge of the original export obligation, cannot be subjected by Customs to further nexus verification or thickness conformity objections against the transferee. The operative obligation to correlate imports with exports is tied to the subsisting export obligation of the original licence holder, and that requirement ceases once discharge is obtained. In the absence of cancellation by the licensing authority, Customs cannot withhold clearance on the ground of alleged non-conformity; any such issue lies for examination by the licensing authority. The transferee may import goods within the licence description. Case-Laws Customs Thu, 05 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45040