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Customs - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

An offence under FEMA does not automatically result in ...

Case Laws     Customs

June 1, 2018

An offence under FEMA does not automatically result in invocation of provisions of customs Act. Thus the Act of buying and selling of foreign exchange in violation of FEMA, 1999, rules, regulation and guidelines issued under FEMA is not by itself sufficient to invoke charges under Customs Act.

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