https://www.taxtmi.com/caselaws?id=47653 The HC dismissed the writ petitions challenging the cancellation of the DEPB Scheme and the penalty under Section 11(2) of the Foreign Trade (Development and Regulation) Act, 1992. The court held that the petitioners engaged in fraud by using forged bank certificates to obtain DEPB benefits, justifying the cancellation and penalties. The court rejected claims of discrimination and emphasized that fraud nullifies legal acts, thus supporting the respondents' actions. The court concluded that the petitioners' arguments lacked merit and upheld the orders of the Additional Director General of Foreign Trade, affirming the legality of the penalties imposed. en-us Thu, 22 Dec 2005 00:00:00 +0530 Fri, 05 Apr 2024 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47653 The HC dismissed the writ petitions challenging the cancellation of the DEPB Scheme and the penalty under Section 11(2) of the Foreign Trade (Development and Regulation) Act, 1992. The court held that the petitioners engaged in fraud by using forged bank certificates to obtain DEPB benefits, justifying the cancellation and penalties. The court rejected claims of discrimination and emphasized that fraud nullifies legal acts, thus supporting the respondents' actions. The court concluded that the petitioners' arguments lacked merit and upheld the orders of the Additional Director General of Foreign Trade, affirming the legality of the penalties imposed. Case-Laws Customs Thu, 22 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47653