Olympic Woollen Mills vs UOI
Misdeclaration and undervaluation of goods: Non-communication of order extending time for issuance of show cause notice-Opportunity to make representation under s.124(c) rendered illusory as order passed prior to expiry of seven days and no effective opportunity of hearing afforded, Violation of principles of natural justice, Order granting exemption-The petitioner had imported yarn adopting modus operandi of misdeclaration and undervaluation. Goods and cash were seized after search or petitioner’s [LexDoc Id : 413809]
