https://www.taxtmi.com/caselaws?id=52189 Under a transferred DEEC licence, customs duty exemption was available only for materials required for manufacture of the export product, so the imported goods had to bear the requisite nexus with that product. Transferability of the licence did not remove this substantive condition at import stage, and exemption was denied where the imported marble had no such nexus, sustaining the duty demand. However, because the transferred licence covered the goods in generic terms, the import was not treated as unauthorised merely for lack of exemption entitlement, so confiscation and penalty were not sustainable and were set aside. en-us Fri, 17 Jan 2003 00:00:00 +0530 Mon, 04 Oct 2010 11:17:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52189 Under a transferred DEEC licence, customs duty exemption was available only for materials required for manufacture of the export product, so the imported goods had to bear the requisite nexus with that product. Transferability of the licence did not remove this substantive condition at import stage, and exemption was denied where the imported marble had no such nexus, sustaining the duty demand. However, because the transferred licence covered the goods in generic terms, the import was not treated as unauthorised merely for lack of exemption entitlement, so confiscation and penalty were not sustainable and were set aside. Case-Laws Customs Fri, 17 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52189