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Customs - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

DFIA scrips - Subsequent cancellation of the licenses/scrips - ...


Cancellation of DFIA Scrips: Fraudulent Documents Nullify Benefits for Purchasers or Successors under Fraudulent Licenses.

September 7, 2018

Case Laws     Customs     HC

DFIA scrips - Subsequent cancellation of the licenses/scrips - fraud or suppression continues, if document is not genuine and contrary interpretation defeating legislative intention will not enable perpetuation of fraud and a purchaser or successor of fraudulently obtained licence stands in the same position as the predecessor.

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