https://www.taxtmi.com/caselaws?id=791980 Import of ferrous waste and scrap from UAE was treated as permissible under the prevailing foreign trade and customs framework where the importer produced the commercial invoice, packing list, certificate of origin, bill of lading, PSIC and container tracking details. The allegation of misdeclaration failed because the record did not show any false declaration by the importer. A later DGFT memorandum could not retrospectively invalidate a valid PSIA-issued certificate, and the Dubai Customs notices did not establish an effective export ban on the relevant date. On that basis, confiscation was unsustainable and the redemption fine and penalty were set aside. en-us Tue, 19 May 2026 00:00:00 +0530 Thu, 21 May 2026 08:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791980 Import of ferrous waste and scrap from UAE was treated as permissible under the prevailing foreign trade and customs framework where the importer produced the commercial invoice, packing list, certificate of origin, bill of lading, PSIC and container tracking details. The allegation of misdeclaration failed because the record did not show any false declaration by the importer. A later DGFT memorandum could not retrospectively invalidate a valid PSIA-issued certificate, and the Dubai Customs notices did not establish an effective export ban on the relevant date. On that basis, confiscation was unsustainable and the redemption fine and penalty were set aside. Case-Laws Customs Tue, 19 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791980