2000 (2) TMI 97

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....eral (Foreign Trade) and order, dated 24th August, 1999 passed by the Appellate Committee in an appeal preferred by the petitioner against the original order. By the original order a penalty of Rs. 50 lakhs was imposed on the petitioner besides disqualification for imports up to the year 2002. This action was taken under Section 4-I(i)(c) of the Imports and Exports (Control) Act, 1947 although the....

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....ub-clauses (a) & (c) referred to above deal with cases where licence has been obtained or declaration is made for purpose of obtaining a licence. In the present case neither any licence had been obtained nor any declaration had been made for obtaining licence. The goods were imported without any licence. As a matter of fact, the action against the petitioner is purported to be under sub-clause (c)....