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FEMA - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

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

Case Laws     FEMA

September 15, 2012

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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