Collector Of Customs, Bombay vs M.J. Exports Ltd

The Supreme Court held that the show cause notice issued beyond one year from the import of goods is not covered by the provisions of Section 28(1) of the Customs Act, 1962, and thus, is time-barred. The Court upheld the penalty imposed under Section 113(d) for the improper export of goods that were imported duty-free under Notification No. 208 of 1981, affirming that the intention of the legislature was not to allow profit from exporting vital goods. The appeal was dismissed, confirming the Collector's decision regarding the penalty.