No Policy Violation as Import Through State Trading Enterprises Permitted on High Seas Basis: CESTAT Ahmedabad

Deep Traders Vs Commissioner of Customs-Mundra (CESTAT Ahmedabad) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad, examined appeals concerning the import of Technical Grade Urea (TGU) by the appellant during the period April 2012 to April 2015 on a high seas sales basis through State Trading Enterprises (STEs), specifically MMTC, without holding a licence from the Director General of Foreign Trade (DGFT). The department initiated investigation based on information from the Directorate of Revenue Intelligence (DRI), alleging violation of the Foreign Trade Policy. Show...