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2010 (2) TMI 306 - HC - CustomsEXIM-DEPB Licence- The writ petitioner carries on business by the style ‘Bhawani Textiles’. It made some exports. Under the extant policy of the Government of India, on 16th July, 2004 he was granted a DEPB-Post Export licence. The writ petitioner intended to transfer this licence in favour of Telco Construction Equipment Company Ltd. The customs authorities replied by their letter dated 1st July, 2005. They raised serious disputes about the entitlement to this duty benefit saying that the goods actually exported were different in classification or description to the goods described in the shipping bills. Therefore, the “telegraphic release advice” could not be issued. Held that- it has take it within time stipulated by law or if no time, adopting the correct procedure, otherwise, action becomes bad and wrongful in eye of law.
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