2010 (1) TMI 458

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....spondent. [Order ]. - P.C. : Heard. Perused writ petition. 2. The petitioner is claiming to be a bona fide transferee of two licences bearing Nos. 2313379 and 31002874 dated 22-12-1998 and 7-12-1998 respectively, which were originally issued in favour of M/s. Betul Oils and Flours Ltd. 3. The petitioner has purchased these licences for valuable consideration. The invoices produced seek....

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....hese licenses could not be treated to have been held and tendered by the petitioner to the Mumbai Custom House; as such imports under these licences were held to be not valid. 7. The petitioner contends that the licences were valid on the date of import and filing of the Bill of Entry. Since the goods imported by the petitioner were covered under the said licences, the Customs Authorities were ....

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....sioner of Customs (Import), the Adjudicating Authority to adjudicate and decide as to whether or not the licences produced covered the goods imported by the petitioner. 11. The adjudication process should be completed within two weeks after the petitioner producing the licences before the adjudicating authority. It is made clear that even if the licences are found to have expired while in the c....