Supreme Court Upholds Customs Duty on Forged DEPB Licenses: Munjal Showa Ltd. vs. Commissioner of Customs (23 September 2022)
Supreme Court Upholds Customs Duty on Forged DEPB Licenses: Munjal Showa Ltd. vs. Commissioner of Customs (2022) LEGAL ISSUE: Whether the extended period of limitation can be invoked for demanding customs duty when the importer has availed exemption based on forged DEPB licenses, and whether the buyer’s knowledge of the fraud affects duty liability. CASE […]