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Customs - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

Violation of import conditions - Import through specified ...

Case Laws     Customs

January 20, 2023

Violation of import conditions - Import through specified agencies - High seas sale - import of Urea - so long as the purchase of the Urea from the foreign supplier is effected by STC, MMTC or Indian Potash and payment to foreign supplier is made by STC, MMTC or Indian Potash, who in turn sell the same to a party in India whether on High Seas or otherwise, the import is clearly through STC, MMTC or Indian Potash. - No penalty - AT

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