SC Upholds import of gold and silver bars under Duty-Free Imports under DFCE Scheme was valid, rejecting alleged Circular Trading and fraudulent entitlement
Last updated: 12 January 2026
Court :
Supreme Court of India
Brief :
The Hon'ble Supreme Court in the case of Commissioner of Customs, Ahmedabad v. Adani Enterprises Ltd. [Civil Appeal No. 32471/2025, order dated October 10, 2025], after condoning the delay and uphold the CESTAT Ahmedabad judgement that the imports of gold and silver bars made by Adani Enterprises Ltd. under the Duty-Free Credit Entitlement ("DFCE") licenses issued by DGFT were valid, rejecting allegations of fraudulent entitlement and circular trading.
Citation :
Civil Appeal No. 32471/2025, order dated October 10, 2025
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Bimal Jain
Published in Custom
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