Goenka Goenka And Others Versus UOI And Others - Customs - DELHI HIGH COURT - HC - Forfeiture of Bank gurantee - Utilization of export entitlements - Non utilization of FCFS Quota - Held that - despite releasing additional quota to the exporters, the Government could not achieve the desired results and, therefore, imposing penalty on the defaulting exporters in terms of the undertaking given by them to AEPC sub-serves a valid public interest. In the absence of such penalty, there may be furthe................................... Customs - Case Laws
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