https://www.taxtmi.com/caselaws?id=45516 A licence obtained by fraud or misrepresentation is voidable, not void from inception, so a later cancellation does not by itself make a completed import unauthorised or justify confiscation under Section 111(d) of the Customs Act, 1962. The discussion also notes that a finding of misdeclaration of value under Section 111(m) must rest on recorded valuation evidence and may require reconsideration if not fully addressed. A separate confiscation basis under Section 111(p) for alleged non-compliance with notified goods and storage requirements must be examined independently. The matter therefore required fresh adjudication on the surviving valuation and storage issues. en-us Thu, 03 Sep 1998 00:00:00 +0530 Thu, 09 Oct 2025 21:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45516 A licence obtained by fraud or misrepresentation is voidable, not void from inception, so a later cancellation does not by itself make a completed import unauthorised or justify confiscation under Section 111(d) of the Customs Act, 1962. The discussion also notes that a finding of misdeclaration of value under Section 111(m) must rest on recorded valuation evidence and may require reconsideration if not fully addressed. A separate confiscation basis under Section 111(p) for alleged non-compliance with notified goods and storage requirements must be examined independently. The matter therefore required fresh adjudication on the surviving valuation and storage issues. Case-Laws Customs Thu, 03 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45516