2024 (3) TMI 701

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....NO: 85326-85327/2024<br>Customs<br>HON'BLE MR C J MATHEW, MEMBER (TECHNICAL) And HON'BLE MR AJAY SHARMA, MEMBER (JUDICIAL) Shri V M Doiphode, Advocate for the appellants Shri Ram Kumar, Assistant Commissioner (AR) for the respondent ORDER PER : C J MATHEW These appeals of M/s Surya Lakshmi Cotton Mills Ltd, who had effected imports against 'duty free scrips', issued under the 'target plus sch....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....toms Act, 1962 on the individual. 2. Proceedings were initiated against importer-appellant herein for having effected duty-free imports against the 'scrips', issued under the 'target plus scheme' of the Foreign Trade Policy, upon claim that the group companies, M/s Bronze Logistics Private Limited and M/s Surya Kiran International Limited, were eligible for such privileges. These scrips, numberin....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lation of the 'scrips' before the Additional Director General, Foreign Trade, New Delhi, having failed by order dated 13th December 2011 challenge was carried before the Hon'ble High Court of Andhra Pradesh (as it then was) which came to be disposed off in their favour by order dated 1st March 2019. 3. Learned Counsel for the appellant submits that the impugned order suffers from the handicap of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... (Delhi-IV) [2022 (382) ELT 145 (SC)]. 5. We find that the show cause notice was issued consequent to cancellation of the 'scrips' by the licensing authority which, itself, was prompted by reporting of the issue by the investigating agency. We find that the Hon'ble High Court of Telangana had since set aside the cancellation of the 'scrips' for restoration of status quo ante. This had sufficient ....