https://www.taxtmi.com/caselaws?id=457794 An ex parte adjudication order imposing penalties for alleged foreign exchange contravention was set aside because the dispute required transaction-wise examination of export realisation and the appellants had sought an opportunity to file defence material. The appellate authority held that the issues could not properly be examined for the first time in appeal where the appellants claimed subsequent realisation and efforts to secure payment. The matter was remanded for fresh adjudication with liberty to produce documents before the adjudicating authority, so that a fair opportunity of hearing could be given. en-us Thu, 05 Mar 1998 00:00:00 +0530 Fri, 27 Sep 2024 15:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457794 An ex parte adjudication order imposing penalties for alleged foreign exchange contravention was set aside because the dispute required transaction-wise examination of export realisation and the appellants had sought an opportunity to file defence material. The appellate authority held that the issues could not properly be examined for the first time in appeal where the appellants claimed subsequent realisation and efforts to secure payment. The matter was remanded for fresh adjudication with liberty to produce documents before the adjudicating authority, so that a fair opportunity of hearing could be given. Case-Laws FEMA Thu, 05 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457794