2019 (7) TMI 1432

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., (Oral). Petitioner-firm, situated in Ludhiana, is engaged in the business of import of yarn. During the period 2005 to 2007 it imported various types of yarn allegedly after following due procedure. The Directorate of Revenue Intelligence-respondent no.3 purportedly received intelligence that the petitioner firm was indulging in evasion of Custom Duty by misdeclaring the value and description ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....gapore. Further in the said show cause notice (P-1) customs duty alongwith interest under Section 26 AB of the Customs Act,1962 (hereinafter referred to as the Act) and penalty under Section 114A of the Customs Act was demanded. Prayer in the present petition is to quash show cause notice (P- 1); strike down the Customs (Amendment and Validation)Act,2011 to the extent of inserting sub-section 11....