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2015 (9) TMI 83 - HC - CustomsSHIS Scheme and Zero duty EPCG Scheme – Re-Validation of License – Petitioner raises grievance as to revalidation of Status Holders Incentive Scrip (SHIS Scheme) and revalidate licence even if it has lapsed – Merely because show cause notice was issued benefits of SHIS Scheme and Zero duty EPCG Scheme should not be denied and continued as such – Held that:- respondents apprehended that despite pendency of show cause notice and proceedings, they would clear consignments of petitioner provided petitioner produces either SHIS or EPCG valid licences – Petitioner agreed to apprehensions made by respondent – Petition disposed of – Decided in favour of Assesse.
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