block import licences under previous licencing
years or are eligible to avail licence in the current licensing year
(2008-09) under SIL category]. The units ... block import licences under previous licensing years or are
eligible to avail licence in the current licensing year (2008-09)
under SIL category). The units
licence could be issued only for
new machines. The Petitioner was asked to submit an application for the
grant of a special import licence („SIL
appellant to the respondent for replacement of the Special
Import Licences (SIL) for import of Silver purchased by the appellant from
one Mr. Amar Nath ... SIL in lieu of forged ones and
the respondent had accordingly surrendered the fresh SIL to Customs
Department for endorsement, the costs towards SIL premium
Govt. of India categories were granted Special Import Licences (for short SIL). The basis for grant of SIL could be Net Foreign Exchange (for short ... petitioner has challenge the refusal of the respondents to issue SIL for the licencing year 1993-94 in favour of the petitioner on the basis
buyer had made any enquiry as to the
genuineness of the licence within his special knowledge.
He has to establish that he made enquiry ... took requisite
precautions to find out about the genuineness of the SIL
which he was purchasing. If he has not done that,
consequences have
penalty.
The penalty was to surrender the special import
licences equivalent to thrice the value of import
license. Therefore, the A.O. has wrongly disallowed ... with interest @ 24% is to be deposited. It is also
mentioned that SIL equivalent to thrice the value of
import license is also required
buyer had made any enquiry as to the
genuineness of the licence within his special knowledge.
He has to establish that he made enquiry ... took requisite
precautions to find out about the genuineness of the SIL
which he was purchasing. If he has not done that,
consequences have
buyer had made any enquiry as to the
genuineness of the licence within his special knowledge.
He has to establish that he made enquiry ... took requisite
precautions to find out about the genuineness of the SIL
which he was purchasing. If he has not done that,
consequences have
buyer had made any enquiry as to the
genuineness of the licence within his special knowledge.
He has to establish that he made enquiry ... took requisite
precautions to find out about the genuineness of the SIL
which he was purchasing. If he has not done that,
consequences have
custom duty Rs. 7,18,000/- with 4% interest and also surrender SIL two times of c.e.f. value of unutilised imported material ... advice to pay custom duty alongwith interest and to surrender the licence. It is to be noted that even a copy of this communication
