https://www.taxtmi.com/caselaws?id=386896 The court upheld the cancellation of the Letter of Permission due to non-fulfillment of conditions under the Foreign Trade Act for a company engaged in manufacturing Cups and Cones. Despite the petitioner's explanations, the delay in commencing commercial production was deemed unsatisfactory. The appellate authority and Single Judge affirmed the cancellation, imposing fines for non-compliance. The court found no errors in the decision-making process and dismissed the intra-court appeal, concluding that the withdrawal of the permission was justified. en-us Wed, 04 Sep 2019 00:00:00 +0530 Sat, 29 Feb 2020 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386896 The court upheld the cancellation of the Letter of Permission due to non-fulfillment of conditions under the Foreign Trade Act for a company engaged in manufacturing Cups and Cones. Despite the petitioner's explanations, the delay in commencing commercial production was deemed unsatisfactory. The appellate authority and Single Judge affirmed the cancellation, imposing fines for non-compliance. The court found no errors in the decision-making process and dismissed the intra-court appeal, concluding that the withdrawal of the permission was justified. Case-Laws Customs Wed, 04 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386896