Only DGFT empowered to cancel or suspend MEIS certificate

Kwalitee Fabs Vs Commissioner of Customs (Madras High Court) Madras High Court held that MEIS would clearly qualify as an instrument u/s. 28AAA of the Customs Act bestowing financial or fiscal benefits, however, only Director General of Foreign Trade [DGFT] is empowered to cancel or suspend the same. Facts- The appellant is an exporter of textiles goods. They have been manufacturing both powerloom as well as handloom goods. The respondent initiated proceedings against the appellant on the ground that they had misdeclared their goods. After issuing show cause notice, the impugned assessment ord...