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Customs - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Penalty u/s 112 of CA on Managing Director - Import of car under ...


Managing Director penalized u/s 112 of Customs Act for car import under EPCG Scheme, DGFT holds exclusive jurisdiction.

December 14, 2018

Case Laws     Customs     AT

Penalty u/s 112 of CA on Managing Director - Import of car under EPCG Scheme - The evolution of the scheme beyond physical exports is within the purview, and only, of the Director General of Foreign Trade (DGFT). It is not open to customs authorities to contend that, sans the empowerment, powers not existing, the license itself was issued on the basis of fraudulent submissions.

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