Simultaneous availment of Status Holder Incentive Scheme (SHIS) ...

Court Rules Customs Cannot Deny Exemption on Issued Licenses Despite Alleged Misrepresentation Under EPCG and SHIS Schemes.

February 13, 2023

Case Laws Customs HC

Simultaneous availment of Status Holder Incentive Scheme (SHIS) and 0% Export Promotion Capital Goods (EPCG) Scheme - Surrender of EPCG Scheme in terms of para 5.14 of Hand Book of Procedure (HBP) prior to the issuance of SHIS Scrips - Once an advance licence was issued and not questioned by the licensing authority, the Customs Authorities cannot refuse exemption on an allegation that there was misrepresentation. If there was any misrepresentation, it was for the licensing authority to take steps in that behalf. - HC

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Simultaneous availment of Status Holder Incentive Scheme (SHIS) ...

Court Rules Customs Cannot Deny Exemption on Issued Licenses Despite Alleged Misrepresentation Under EPCG and SHIS Schemes.

February 13, 2023

Case Laws Customs HC

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