Supreme Court of India

Union of India and Anr. v. Adani Exports Ltd. & Anr.

Neutral citation
Reported as [2007] 11 S.C.R. 974
Bench Dr. Arijit Pasa Vat and S.H. Kapadia JJ.
Decided 12 November 2007

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

From the headnote

Customs Act, 1962; S. 129 £/Foreign Exchange Management Act, 1999; Ss. 49(3) and 49(4)/Foreign Exchange Regulations Act, 1973; c S.50: Misuse of foreign exchange by mis-declaration of description and over invoicing of imported goods--Show-cause-Notices-Revenue imposing penalty against noticees-Appeals along with application for dispensation of pre-deposit of penalty filed by noticee-Applicationfor t pre-deposit rejected by Foreign Exchange Appellate Tribunal- -:\ Challenge to-Allowed by High Court remitting the matter to · adjudicating authority-On appeal, Held: Pending appeal before

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