No Need for Correlation Between Imported & Exported Goods under DFIA: CESTAT Chennai

Volvo India Private Ltd. Vs Commissioner of Customs (CESTAT Chennai) The case of Volvo India Private Ltd. vs. Commissioner of Customs involved a dispute over the use of a Duty-Free Import Authorization (DFIA) license. Volvo India, which imports internal combustion engines for medium and heavy commercial vehicles, sought to use a DFIA license originally issued to M/s. International Tractors Ltd., a company dealing with agricultural tractor parts. The dispute arose when customs authorities denied the exemption from basic customs duty on the grounds that the engines imported by Volvo were not mea...