applied
to the transactions already concluded.
• That the invocation of Section 28AAA of the Customs Act,
1962 in the show cause notice is without jurisdiction ... necessary foundational facts are absent. In order to invoke
Section 28AAA, it is necessary to show that the scrips have
been cancelled by the DGFT
applied
to the transactions already concluded.
• That the invocation of Section 28AAA of the Customs Act,
1962 in the show cause notice is without jurisdiction ... necessary foundational facts are absent. In order to invoke
Section 28AAA, it is necessary to show that the scrips have
been cancelled by the DGFT
less than [one year]
(3) For the purposes of sub-sections (1) and (2),
the following shall not be considered as special and
adequate reasons ... this section, the
expression "Instrument" shall have the same meaning
as assigned to it in the Explanation 1 to 28AAA."
8. From
less than [one year]
(3) For the purposes of sub-sections (1) and (2),
the following shall not be considered as special and
adequate reasons ... this section, the
expression "Instrument" shall have the same meaning
as assigned to it in the Explanation 1 to 28AAA."
8. From
