Authority Details
- Name of Authority: Commissioner of Customs (Preventive), Office of the Commissioner of Customs (Preventive), Trichy, Tamilnadu
- Date of Receipt: November 03, 2026
Nature of Order
Recovery, Interest & Penalty order passed under:
- Section 75 of the Customs Act, 1962
- Section 114 of the Customs Act, 1962
Alleged Violations
Alleged wrong availment of duty drawback by exporters:
1. M/s. Jaanu Tex
2. M/s. Bismi Tex
The company states it was "only a custodian" in this matter.
Financial Impact
- Quantifiable Impact: ₹2 Lakhs (if accepted and paid)
- Management Position: Confident of contesting the recovery amount, penalty and interest before appropriate legal forums
- Basis for Contest: Company claims it was only acting as a custodian
Legal Strategy
The management intends to challenge the order before appropriate legal forums to avoid payment of the recovery amount, penalty, and interest.