TMI Blog1998 (7) TMI 276X X X X Extracts X X X X X X X X Extracts X X X X ..... both these appeals being common they are disposed of by this common order. 2. Each of the appellant imported dry dates sukkur. In each case the letter of credit against shipment was opened on 5-9-1991. Importers were permitted in terms of Open General Licence (OGL) prior to this date onwards by amendment made on policy of such import required an EXIM scrip. The licensing authority have clar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ffect held that goods are liable to confiscation but presumably on the ground that letters of credit were opened only later although he goes to say so ordered release of the goods on caution. There is no contention that the letters of credit were opened with a view to defeat the objective of the policy or in any manner or in any way other than bona fide in the order. Further, it is doubtful in the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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