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Customs - Highlights / Catch Notes

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Validity of order of Settlement Commission - One cannot lose ...


High Court Overturns Settlement Commission's Decision; Petitioner Not Liable for Entire Import Duty on DEPB License.

September 16, 2016

Case Laws     Customs     HC

Validity of order of Settlement Commission - One cannot lose sight of the fact that the importers purchased the DEPB license from the petitioner for valuable consideration. Hence it is only fair that the petitioner pays the entire import duty – rejection of application by settlement commission not correct. - HC

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