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Showing contexts for: import export code in Fns Agro Foods Ltd. & Ors vs Commissioner Of Customs (Preventive) ... on 11 May, 2016Matching Fragments
2. The background to these writ petitions is that Petitioner No. 1 is engaged in the export of frozen boneless buffalo meat falling under ITC (HS) Code No. 02023000 of Export Import Policy 2009-14 and Chapter sub-heading 02023000 of Customs Tariff Act, 1975 („CTA‟). It is stated that the Petitioner has been issued IEC No. 0595040144 by the Director General of Foreign Trade („DGFT‟), New Delhi on 14th November 1995.
3. It is stated that the meat processing plant of Petitioner No. 1 is located at Manesar, Gurgaon (Haryana) and its corporate and registered office is at Sarva Priya Vihar, New Delhi. It is stated that the meat processing plant is duly approved and registered by Agriculture and Processed Food Products Export Development Authority („APEDA‟) under registration certificate dated 3rd September 1996. It is stated that Petitioner No. 1 availed export incentives for the export of frozen buffalo meat under Duty Exemption Pass Book Scheme („DEPB‟) and Vishesh Krishi and Gram Upaj Yojena („VKGUY‟).
5. It is stated that the issue concerning the suspension and cancellation of Importer-export Code (IEC) is governed under Sections 7 and 8 of the Foreign Trade (Development and Regulation) Act, 1992 („FTDR Act‟) respectively and Rules 9 and 10 of the Foreign Trade (Regulation) Rules, 1993 („FTR Rules‟). The DGFT or an officer authorized by him (licensing authority) is the competent authority to issue suspension and cancel any licence certificate, scrip or any instrument bestowing financial or fiscal benefits to the importer or exporter.