Non-realisation of export sale proceeds - The Appellant was ...

Appellant Cleared of Penalty for Non-Realization of Export Sales Due to Lack of Involvement in MVR Management.

November 11, 2017

Case Laws FEMA AT

Non-realisation of export sale proceeds - The Appellant was neither part of the management managing the affairs of the MVR group of companies nor was he in any way concerned with the company - the Adjudicating Authority ought not to have imposed the penalty. - AT

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Non-realisation of export sale proceeds - The Appellant was ...

Appellant Cleared of Penalty for Non-Realization of Export Sales Due to Lack of Involvement in MVR Management.

November 11, 2017

Case Laws FEMA AT

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