https://www.taxtmi.com/caselaws?id=46839 The High Court ruled in favor of the petitioners, holding that once a license is validly transferred to the petitioners, Customs Authorities cannot investigate the genuineness of the original license holder's exports. The court quashed the queries memo dated 6th February 1996, stating that as long as the license remains valid, Customs Authorities are bound by it. The rule was made absolute in favor of the petitioners, with a provision for the Respondents to take action on other grounds if necessary, in accordance with the law. No costs were awarded in the disposition of the petition. en-us Mon, 10 Nov 2003 00:00:00 +0530 Sat, 24 Jul 2010 11:57:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46839 The High Court ruled in favor of the petitioners, holding that once a license is validly transferred to the petitioners, Customs Authorities cannot investigate the genuineness of the original license holder's exports. The court quashed the queries memo dated 6th February 1996, stating that as long as the license remains valid, Customs Authorities are bound by it. The rule was made absolute in favor of the petitioners, with a provision for the Respondents to take action on other grounds if necessary, in accordance with the law. No costs were awarded in the disposition of the petition. Case-Laws Customs Mon, 10 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46839