https://www.taxtmi.com/caselaws?id=790219 A transferee importer cannot be denied DEPB exemption merely because the original holder obtained the scrip through fraudulent documents, where the scrip was validly issued by the licensing authority and was subsisting when used for import. The decisive distinction is between a later-cancelled but genuine licence and a document that was forged or never issued at all. As the impugned scrips were not shown to be non-existent or forged, the demand, denial of exemption, and consequent liability were unsustainable. The benefit remained available to the importer on the facts stated. en-us Thu, 16 Apr 2026 00:00:00 +0530 Wed, 22 Apr 2026 08:47:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790219 A transferee importer cannot be denied DEPB exemption merely because the original holder obtained the scrip through fraudulent documents, where the scrip was validly issued by the licensing authority and was subsisting when used for import. The decisive distinction is between a later-cancelled but genuine licence and a document that was forged or never issued at all. As the impugned scrips were not shown to be non-existent or forged, the demand, denial of exemption, and consequent liability were unsustainable. The benefit remained available to the importer on the facts stated. Case-Laws Customs Thu, 16 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790219