AI Drafter 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
2007 (9) TMI 69
X X X X Extracts X X X X
X X X X Extracts X X X X
....nder the provisions of Section 112 of the Customs Act, 1962, which action has been taken by holding that he had assisted in selling of mulberry raw silk imported duty free against advance licences issued to M/s. Jesal Kumar Exports by introduction and arrangement of buyers and that he had the knowledge that the raw silk imported duty free was sold in contravention of the provisions of Customs Noti....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... sale was in contravention of the notification and the provisions of the Import-Export Policy, for the reason that it does not come out from the statement that even at the time of the sale, the appellant knew that the export obligation had not been fulfilled by the importer so as to render the raw silk liable to confiscation by its disposal without utilisation in the manufacture of export goods. S....