https://www.taxtmi.com/highlights?id=70171 Constitutional validity of Section 37A of FEMA Act - order of the Competent Authority affirming seizure by the Authorised Officer - seizure on the ground that the no agreement or legal basis was available for remitting the money by the petitioner. Royalty was not a part of the product cost - The challenge to the constitutional validity of Section 37A of the Act is rejected, as Section 37A does not suffer from any manifest arbitrariness on any ground whatsoever. - HC en-us Wed, 07 Jun 2023 10:52:54 +0530 Wed, 07 Jun 2023 14:33:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70171 Constitutional validity of Section 37A of FEMA Act - order of the Competent Authority affirming seizure by the Authorised Officer - seizure on the ground that the no agreement or legal basis was available for remitting the money by the petitioner. Royalty was not a part of the product cost - The challenge to the constitutional validity of Section 37A of the Act is rejected, as Section 37A does not suffer from any manifest arbitrariness on any ground whatsoever. - HC Highlights FEMA Wed, 07 Jun 2023 10:52:54 +0530 https://www.taxtmi.com/highlights?id=70171