Import of Gold granules (non-monetary) - gold granules were ...
Importer Legally Allowed to Import Non-Monetary Gold Granules with Advance Payment via Bank Letter of Credit or Swift.
December 6, 2018
Case Laws Customs AT
Import of Gold granules (non-monetary) - gold granules were neither imported on a consignment basis nor on a credit basis - The importer/appellant paid an advance payment through bank Letter of Credit/Swift - the contention that the Appellants are prohibited from importing gold granules, is not legally sustainable
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