https://www.taxtmi.com/caselaws?id=768102 An exporter opting into a special export scheme must satisfy all scheme conditions, including proof that the goods reached the mandated destination. On the record, no reliable documentary evidence or Russian landing or discharge certificate was produced for the wheat flour consignments, so the alleged compliance was not established and the finding of contravention under the foreign exchange framework was upheld. The Tribunal also held that the appellate order was not cryptic, because it addressed the material issues, noted the penalty reduction, and explained why the penalties were maintained. The adverse findings and penalties were therefore sustained. en-us Tue, 25 Feb 2025 00:00:00 +0530 Tue, 01 Apr 2025 08:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768102 An exporter opting into a special export scheme must satisfy all scheme conditions, including proof that the goods reached the mandated destination. On the record, no reliable documentary evidence or Russian landing or discharge certificate was produced for the wheat flour consignments, so the alleged compliance was not established and the finding of contravention under the foreign exchange framework was upheld. The Tribunal also held that the appellate order was not cryptic, because it addressed the material issues, noted the penalty reduction, and explained why the penalties were maintained. The adverse findings and penalties were therefore sustained. Case-Laws FEMA Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768102