https://www.taxtmi.com/caselaws?id=1164 Statutory penalty power for failure to fulfil an export obligation must be exercised within a reasonable time where no limitation period is prescribed. An unexplained and unjustified delay in issuing the penalty notice and completing the penalty process can vitiate the proceedings. Prior debarment does not prevent separate penalty proceedings, but it does not cure an unreasonable delay in initiating or concluding them. Penalty proceedings initiated and completed after an inordinate delay were unsustainable, resulting in the appellate and adjudication orders being set aside. en-us Fri, 22 Dec 2006 00:00:00 +0530 Mon, 14 Apr 2008 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1164 Statutory penalty power for failure to fulfil an export obligation must be exercised within a reasonable time where no limitation period is prescribed. An unexplained and unjustified delay in issuing the penalty notice and completing the penalty process can vitiate the proceedings. Prior debarment does not prevent separate penalty proceedings, but it does not cure an unreasonable delay in initiating or concluding them. Penalty proceedings initiated and completed after an inordinate delay were unsustainable, resulting in the appellate and adjudication orders being set aside. Case-Laws Customs Fri, 22 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1164