https://www.taxtmi.com/caselaws?id=251211 The court allowed the writ petition, setting aside the impugned order revoking the petitioner's license and forfeiting the Security Deposit. The court ruled that the proceedings were initiated beyond the prescribed period under Regulation 22(1) and it would be unfair to penalize the petitioner when the importer had settled with the Settlement Commission. No costs were awarded, and the Miscellaneous Petition was closed. en-us Tue, 19 Aug 2014 00:00:00 +0530 Mon, 12 Jan 2015 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251211 The court allowed the writ petition, setting aside the impugned order revoking the petitioner's license and forfeiting the Security Deposit. The court ruled that the proceedings were initiated beyond the prescribed period under Regulation 22(1) and it would be unfair to penalize the petitioner when the importer had settled with the Settlement Commission. No costs were awarded, and the Miscellaneous Petition was closed. Case-Laws Customs Tue, 19 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251211