Supreme Court of India
Rexnord Electronics and Control Ltd. v. Union of India & Ors.
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; Ss. 28, 28AA & S. 127 r!w S.127H ' --- and Notification dated April 20, 1992 issued thereunder: c Export of goods - Licence under Export Promotion Capital Goods Scheme for exporting goods up to certain CIF values - Grant of immunity from prosecution and penalty in terms of Notification subject to payment of interest in case licenser failed to meet its export obligation - Demand Notice for payment of certain duty amount with interest - Application for settlement of cases - Reducing the duty amount, Settlement I f Commission directed to pay the reduced duty amount with
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