https://www.taxtmi.com/caselaws?id=439388 The High Court of Madras upheld the order-in-original challenged by a company regarding the Export Promotion Capital Goods Scheme (EPCG). The court allowed the company to pursue its representation before the Joint Director General of Foreign Trade for verification of the EPCG licence and non-utilization certificate. If non-utilization is confirmed, the penalty will be waived. Recovery action for the penalty was directed to be subject to the orders of the Joint Director General. The court disposed of the writ petitions without costs, closing the related miscellaneous petitions. en-us Fri, 06 Jan 2023 00:00:00 +0530 Fri, 23 Jun 2023 07:49:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439388 The High Court of Madras upheld the order-in-original challenged by a company regarding the Export Promotion Capital Goods Scheme (EPCG). The court allowed the company to pursue its representation before the Joint Director General of Foreign Trade for verification of the EPCG licence and non-utilization certificate. If non-utilization is confirmed, the penalty will be waived. Recovery action for the penalty was directed to be subject to the orders of the Joint Director General. The court disposed of the writ petitions without costs, closing the related miscellaneous petitions. Case-Laws Customs Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439388