short „Foreign Trade Act‟) provides for the consequences of
export or import being made by any person in violation of the provisions ... penalty, the adjudicating authority is
empowered to suspend the importer/exporter code number till penalty is
paid. The rules made under the Foreign Trade
without payment of customs duty
and, further, that documents to show re-export of warehoused goods
were also being forged/fabricated by the said persons ... were created
by the Appellant and one Shri Ramesh Wadhera, and Import Export
Codes (IEC‟s) were obtained in the name
Date of allotment of TAN 21 Jan., 08
Importer Exporter Code (IEC) 7 Nov., 08
Lease Deed executed with Regus 16 June, 08
Business Centre ... hereinabove would show that the
assessee had obtained the Importer Exporter Code [in short 'IEC'] on
07.11.2008; the assessee had executed a lease
official respondents/revenue, the petitioner had illegally availed duty
drawback, against overvalued exports.
11.1 The stand of the official respondents/revenue is, that based ... unlawful availment of
duty drawback, by taking recourse to bogus dummy Importer Exporter
Codes ["IECs"].
11.2 The IECs, according to the official respondents
following PAN: "AAAPW8024G".
6. The petitioner asserts that the Importer-Exporter Code (IEC), was also
issued to the proprietorship concern by the concerned
address of the importer mentioned in the
import documents was found to be bogus, showing
fraudulent intention for the import of the consignment ... Commissioner of Customs.
Regulation 12(iv)
Verify the antecedent, correctness of Importer
Exporter Code (IEC) Number, identity of his client
and the functioning
Government or State
Government Authority / Department. Banks may also accept
IEC (Importer Exporter Code) issued to the proprietary concern
by the office of DGFT
concern.
10. It is also Mr Kapur's contention that the imports made via the subject
bill of entries, which bear an assessable value ... concern and its
proprietor Mr Krishan Lal Arora were using the Import Export Code (IEC)
of the erstwhile partnership firm up until
Farhan vs State & Anr on 11 May, 2022
Author: Rajiv Shakdher
Bench: Rajiv Shakdher
licenses issued, it had fulfilled its export obligations against one license,
surrendered one license, and made no import against one license.
19. When the aforesaid ... DGFT. The imports against these licenses/authorizations obliged
SML to fulfil stipulated export obligations.
(ii) SML, concededly, failed to fulfil its export obligations within
