Non realization of export proceeds - penalty imposed on the firm ...

Penalty for Firm's Export Proceeds Non-Realization Reduced to 35%; Individual Partners' Penalty Removed.

September 15, 2012

Case Laws FEMA HC

Non realization of export proceeds - penalty imposed on the firm confirmed but reduced to 35% - penalty on partners deleted - The word “firm” or the “firm name” is merely a compendious description of all the partners collectively - HC

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Non realization of export proceeds - penalty imposed on the firm ...

Penalty for Firm's Export Proceeds Non-Realization Reduced to 35%; Individual Partners' Penalty Removed.

September 15, 2012

Case Laws FEMA HC

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