Master of Law (LL.M.) Group 2 Business Law Law Relating to Customs and Foreign Exchange 2025-26 Question Paper - Mumbai University | munotes

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SECTION I - Form 97875. Attempt any four questions, all questions carry 25 marks (any four of seven) 100 Marks

1. 1. Discuss in elaborate details, the nature of Contraventions, Penalties and Compounding as provided under the Foreign Exchange Management Act.
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2. 2. List and critically analyse the salient features of the Foreign Trade, Development & Regulation Act, 1992.
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3. 3. Define and describe in appropriate details, the powers of Customs Officers with respect to Search, Seizure and Arrest of person under the Customs Act.
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4. 4. Discuss the establishment and jurisdiction of Appellate Tribunal as constituted under the Foreign Exchange Management Act.
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5. 5. Elaborately discuss the distinguishing features of FERA and FEMA.
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6. 6. Discuss in elaborate details, the provisions related to Re-importation and Re-Exportation of Goods as given under the Indian Customs Act.
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7. 7. Write Notes on Any Two of the following :
   • (a) 'Authorised Dealer' under Foreign Exchange Management Act.
   • (b) Warehouse under the Customs Law
   • (c) Unjust Enrichment
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