2016 (5) TMI 387 - SCH - Customs

Impoundation and confiscation of goods - Export of 2496MT sugar - Export Release Orders not obtained - export obligation under Advance Authorization scheme - Imposition of penalty - High Court held that appellant has violated the provisions of Customs Act, in exporting sugar without there being any Export Release Order and tribunal has been more-than fair in reducing the penalty to nearly 1/10 of the original penalty results in no scope of the penalty being reduced any further reported in 2015 (4) TMI 924 - ALLAHABAD HIGH COURT - Apex Court has dismissed the Special leave petition.