The appellant company, part of a group, was involved in...

The appellant company, part of a group, was involved in clandestine removal of imported partially oriented yarn (PFY) into the local market, breaching Notification No. 59 of 1998 for manufacture of export goods. This diversion occurred in connivance with brokers and buyers to obtain cash sale proceeds. Consequently, the demand for customs duties on seized yarns from Jay Krishna Sizers and Carewell Rayons Pvt. Ltd., and the imposition of penalty on the appellant, were upheld. The High Court dismissed the appeal, finding no substantial question of law arising from the Tribunal's order.