Prior to issuance of DGFT Notification dated 18/12/2019, gold was freely importable

Rajesh Exports Ltd. Vs Commissioner of Customs (CESTAT Bangalore)

As per the Notification dated 18/12/2019, it has been held that after issuance of the Notification dated 18/12/2019, only Nominated agencies can import the gold with end use condition which otherwise means that prior to issuance of the Notification dated 18/12/2019, the gold was also freely importable. The said observation gets support from the order of this Tribunal in the case of M/s. Sri Exports (supra), wherein this Tribunal observed as un

Please become a Premium member. If you are already a Premium member, login here to access the full content.