https://www.taxtmi.com/caselaws?id=754856 HC dismissed writ petition challenging Rs. 1,00,00,000 fiscal penalty under EPCG Scheme for failure to submit required documents and fulfill export obligations. Petitioner failed to maintain Annual Average exports, submitted duplicate bills, and requested consideration of exports outside obligation period. Court found petitioner bypassed available statutory appeal remedy under section 15 of Foreign Trade (Development Regulation) Act, 1992 to avoid depositing penalty amount, rendering writ petition without merit. en-us Tue, 11 Jun 2024 00:00:00 +0530 Tue, 02 Jul 2024 07:50:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754856 HC dismissed writ petition challenging Rs. 1,00,00,000 fiscal penalty under EPCG Scheme for failure to submit required documents and fulfill export obligations. Petitioner failed to maintain Annual Average exports, submitted duplicate bills, and requested consideration of exports outside obligation period. Court found petitioner bypassed available statutory appeal remedy under section 15 of Foreign Trade (Development Regulation) Act, 1992 to avoid depositing penalty amount, rendering writ petition without merit. Case-Laws Customs Tue, 11 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754856