https://www.taxtmi.com/caselaws?id=784916 Whether imports effected against duty-free credit entitlement (DFCE) licences obtained by fraud render the imports liable to duty, confiscation or penalties. The tribunal found that where valid DFCE licences were used for importation, the statutory scheme and documentary compliance precluded a demand of customs duty, confiscation of goods or imposition of penalties despite alleged circular trading and wrongful procurement of licences; reasoning rested on the licences' operative validity for the specific imports. Outcome: imports accepted as lawful against the DFCE licences and demands/confiscation/penalties were rejected. en-us Fri, 10 Oct 2025 00:00:00 +0530 Wed, 14 Jan 2026 08:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784916 Whether imports effected against duty-free credit entitlement (DFCE) licences obtained by fraud render the imports liable to duty, confiscation or penalties. The tribunal found that where valid DFCE licences were used for importation, the statutory scheme and documentary compliance precluded a demand of customs duty, confiscation of goods or imposition of penalties despite alleged circular trading and wrongful procurement of licences; reasoning rested on the licences' operative validity for the specific imports. Outcome: imports accepted as lawful against the DFCE licences and demands/confiscation/penalties were rejected. Case-Laws Customs Fri, 10 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784916