Maintainability of a Section 7 insolvency petition against a financial service provider denied; appeal dismissed for non maintainability and complex d...
Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribuna...
Restoration of property under Prevention of Money Laundering Act after attachment dispute rendered academic; possession directed to successful resolut...
Goods Transport Agency services via e commerce portals: consignment note creates custody and liability and enables exemption for unregistered recipien...
Roasted arecanut was held classifiable under CTH 20081920 because the advance ruling in the importer's own case remained binding on the Department in the absence of any stay, and the court-directed laboratory report showing moisture content of 2.09% supported classification as roasted arecanut. Applying the Madras High Court ratio that goods with moisture below 10% qualify as roasted arecanut, the Tribunal affirmed the Commissioner (Appeals). As the goods were correctly classified, the allegation of misdeclaration failed, confiscation under Sections 111(d) and 111(m) was unsustainable, and the penalty was set aside.
Roasted arecanut was held classifiable under CTH 20081920 because the advance ruling in the importer's own case remained binding on the Department in the absence of any stay, and the court-directed laboratory report showing moisture content of 2.09% supported classification as roasted arecanut. Applying the Madras High Court ratio that goods with moisture below 10% qualify as roasted arecanut, the Tribunal affirmed the Commissioner (Appeals). As the goods were correctly classified, the allegation of misdeclaration failed, confiscation under Sections 111(d) and 111(m) was unsustainable, and the penalty was set aside.
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