https://www.taxtmi.com/caselaws?id=339007 The court upheld the Commissioner of Customs' authority to issue a show cause notice despite the Directorate General of Foreign Trade confirming compliance with the Export Obligation. The court emphasized that the Commissioner had the right to assess compliance independently. The petitioner's request for the release of a bank guarantee was not immediately granted, with authorities instructed to finalize the matter within a month. The court declined to interfere with the ongoing proceedings, leading to the dismissal of both petitions. en-us Thu, 02 Jun 2016 00:00:00 +0530 Fri, 17 Feb 2017 07:00:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339007 The court upheld the Commissioner of Customs' authority to issue a show cause notice despite the Directorate General of Foreign Trade confirming compliance with the Export Obligation. The court emphasized that the Commissioner had the right to assess compliance independently. The petitioner's request for the release of a bank guarantee was not immediately granted, with authorities instructed to finalize the matter within a month. The court declined to interfere with the ongoing proceedings, leading to the dismissal of both petitions. Case-Laws Customs Thu, 02 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339007