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Customs - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Import of goods against an advance licence - export obligation - ...


DGFT Amends Import License Allowing Third-Party Export Fulfillment, Ensures Fairness in Export Obligations Execution.

August 3, 2015

Case Laws     Customs     SC

Import of goods against an advance licence - export obligation - When the DGFT has itself accepted the benefits of the assessee and carried out the amendment in the import licence and further that the assessee could make the exports on the basis of the amendment; albeit through third party, such person should not be left high and dry. - SC

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