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Customs - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Violation against EPCG License - Export obligation - The losses ...


Entrepreneurs' financial struggles or failed business plans don't justify duty exemptions under EPCG License export obligations.

August 25, 2014

Case Laws     Customs     HC

Violation against EPCG License - Export obligation - The losses or profits made by an entrepreneur or its business plans going awry, cannot possibly be a ground that entitles a businessman to avail duty exemption/concession. - HC

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