Supreme Court India denies petition challenging customs notices, allows legal process to continue. The Supreme Court of India declined to consider a petition challenging the quashing of 12 show cause notices for alleged illegal import by the Special ...
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Supreme Court India denies petition challenging customs notices, allows legal process to continue.
The Supreme Court of India declined to consider a petition challenging the quashing of 12 show cause notices for alleged illegal import by the Special Commissioner, Customs. The Government of India had provided an opportunity for exporters to avoid action by reversing credit with interest by a specified date. The court decided to let the legal process proceed without further intervention.
The Supreme Court of India noted that the Special Commissioner, Customs, quashed 12 show cause notices of alleged illegal import. The Government of India issued orders stating that exporters violating Modvat Credit conditions can avoid action by reversing credit with interest by 31-1-1997. The court decided not to consider the petition further, letting the law take its course.
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