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Home Case Index All Cases FEMA FEMA + AT FEMA - 2004 (8) TMI AT This

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2004 (8) TMI 780 - AT - FEMA

The appeal was filed against an adjudication order imposing a penalty for contravention of FERA provisions. The appellant failed to submit evidence for import of goods but explained discrepancy in remittance amount. A letter from the bank clarified the discrepancy, leading to the appeal being allowed and the adjudication order quashed.

 

 

 

 

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