https://www.taxtmi.com/acts?id=2480 Settlement under the Foreign Trade Rules allows the Adjudicating Authority to determine a settlement amount where a person admits the contravention and the breach occurred without mens rea, wilful mistake, suppression of facts, collusion, fraud or intent to cause loss of foreign exchange, or where the importer has not met actual user conditions or export obligations provided there is no mis utilisation of the imported goods, services or technology; such settlement by the Adjudicating Authority is final. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 01 Sep 2017 13:09:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2480 Settlement under the Foreign Trade Rules allows the Adjudicating Authority to determine a settlement amount where a person admits the contravention and the breach occurred without mens rea, wilful mistake, suppression of facts, collusion, fraud or intent to cause loss of foreign exchange, or where the importer has not met actual user conditions or export obligations provided there is no mis utilisation of the imported goods, services or technology; such settlement by the Adjudicating Authority is final. Act-Rules DGFT Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2480