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Q. Whether Peas And Pulses, Which Were Imported In Violation Of The Notifications Of The Central Government And The Director General Of Foreign Trade Issued Under The Foreign Trade (Development And Regulation) Act, Are Liable To Absolute Confiscation Under Section 125 Of The Customs Act As "prohibited Goods" ?
A. YES
RELEVANT CASE LAW:
UNION OF INDIA VS RAJ GROW IMPEX LLP AND OTHERS
NOTE: The Court granted a relaxation by allowing re-export of the goods on payment of the necessary redemption fine and subject to the importer discharging other statutory obligations.
A bench comprising Justices AM Khanwilkar and Dinesh Maheshwari observed :
"...the personal interests of the importers who made improper imports are pitted against the interests of national economy and more particularly, the interests of farmers. This factor alone is sufficient to find the direction in which discretion ought to be exercised in these matters. When personal business interests of importers clash with public interest, the former has to, obviously, give way to the latter"
IMPORTANT APEX COURT UPDATES THIS WEEK
Q. Which Of The Following Are Correct ?
A. 4
Q. What Are Correct Of The Following?
A. 5
Q. What Are Correct About Kerala Assembly Ruckus Matter Controversy?
A.4
Q. What Is Correct Update About MP Navneet Kaur Rana 'MOCHI' Controversy?
By: Meenakshi Chaudhary ProfileResourcesReport error
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