2008 (1) TMI 1009 - AT - FEMA

Summary

The appeal was filed against an adjudication order imposing a penalty on the appellant for failure to provide proof of imports in contravention of FER Act, 1973. The appeal was initially dismissed for being filed late but was reinstated by the High Court. The Tribunal remanded the matter for fresh adjudication, allowing the appellant another opportunity to explain their case. The impugned order was quashed and set aside, with a deadline of 6 months for a new adjudication order.