https://www.taxtmi.com/caselaws?id=797280 Transferee importers using DFIA licences obtained through fabricated exports remain liable for customs duty and penalty where the licences are void from inception. Bona fide purchaser status is not established merely by acquiring licences through intermediaries or making payment through banking channels. Required due diligence includes independently verifying the licences, underlying export transactions, issuing exporter and relevant customs release documentation. Reliance solely on brokers is insufficient. On materially identical fraud facts, the applicable coordinate-bench approach requires verification of licence authenticity; failure to do so leaves the transferee importer liable for duty and penal consequences. en-us Tue, 18 Aug 2026 00:00:00 +0530 Thu, 20 Aug 2026 08:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797280 Transferee importers using DFIA licences obtained through fabricated exports remain liable for customs duty and penalty where the licences are void from inception. Bona fide purchaser status is not established merely by acquiring licences through intermediaries or making payment through banking channels. Required due diligence includes independently verifying the licences, underlying export transactions, issuing exporter and relevant customs release documentation. Reliance solely on brokers is insufficient. On materially identical fraud facts, the applicable coordinate-bench approach requires verification of licence authenticity; failure to do so leaves the transferee importer liable for duty and penal consequences. Case-Laws Customs Tue, 18 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797280