MCHBOOH versus STATE
Foreign Exchange Regulation Act 1947 Sections 12 and 23 Foreign exchange, the return of goods exported by the accused in the name of X; The firm was accused of realizing the amount of the sale within four months, in large exchange. Since only 15,000 Yu section dollars were yet to be sent back to the Government of Italy, Commercial Counselor, the Pakistani Embassy in Rome, the accused did not contact the accused to arrange a refund of the balance. Balance proved to be a deliberate or willful failure to refund, such failure is due to reasons beyond their control
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