Delhi HC Criticizes DGFT for Canceling DEPB License 15 Years After SCN

Saha Traders Vs Zonal Joint Director General of Foreign Trade(CLA) (Delhi High Court) Delhi High Court ruled against the Directorate General of Foreign Trade (DGFT) for canceling Saha Traders’ Duty Entitlement Pass Book (DEPB) licenses 15 years after issuing a Show Cause Notice (SCN). The case stemmed from allegations that Saha Traders, in connection with M/s Ceean Commerce Pvt. Ltd., fraudulently obtained DEPB benefits for exports to Bangladesh. The SCN issued in 2005 accused the petitioner of criminal conspiracy under the Foreign Trade (Development & Regulation) Act, 1992. However,...