https://www.taxtmi.com/caselaws?id=799030 A genuinely issued duty-free import licence procured through fraud or misrepresentation at the export-obligation certification stage is voidable, not void, and remains effective until cancelled through the prescribed process. A bona fide purchaser who acquired such an uncancelled licence for value without notice of the original licence-holder's irregularity is protected from liability for customs duty, interest and redemption fine on imports under that licence. This protection does not extend to forged instruments that were never issued by the competent authority. en-us Tue, 15 Sep 2026 00:00:00 +0530 Wed, 16 Sep 2026 08:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799030 A genuinely issued duty-free import licence procured through fraud or misrepresentation at the export-obligation certification stage is voidable, not void, and remains effective until cancelled through the prescribed process. A bona fide purchaser who acquired such an uncancelled licence for value without notice of the original licence-holder's irregularity is protected from liability for customs duty, interest and redemption fine on imports under that licence. This protection does not extend to forged instruments that were never issued by the competent authority. Case-Laws Customs Tue, 15 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799030