Embio Limited vs Director General Of Foreign Trade 2024 INSC 408 – Foreign Trade (Development and Regulation) Act

Foreign Trade (Development and Regulation) Act, 1992; Section 11– Writ petition challenging the order imposing a penalty of Rs. 23,38,882/— under the provisions of Section 11(2) was dismissed by High Court- Allowing appeal, SC observed: There is no allegation against the appellant or its predecessor of making an export or import in contravention of the export and import policy. Section 11 (2) is a penal provision. It must be strictly construed. Thus, the demand for penalty cannot be sustained.

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