Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
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A deliberate export fraud was proved where Ketamine was shipped under the guise of Alpha Olefin Sulphonate through fabricated documents, misuse of IEC details and coordinated use of freight forwarders, CHA and a bank account. The Tribunal accepted the foreign seizure report, transmitted through the Indian Consulate, as carrying evidentiary value and relied on corroborated witness statements, the appellant's own inculpatory statement and surrounding circumstances to hold that smuggling can be established by circumstantial evidence where direct proof is scarce. Penalty under Customs law was therefore sustained, but reduced to Rs. 5 lakh. Redemption fine was set aside because the goods had already been exported, were not available for confiscation and had not been cleared on bond.
A deliberate export fraud was proved where Ketamine was shipped under the guise of Alpha Olefin Sulphonate through fabricated documents, misuse of IEC details and coordinated use of freight forwarders, CHA and a bank account. The Tribunal accepted the foreign seizure report, transmitted through the Indian Consulate, as carrying evidentiary value and relied on corroborated witness statements, the appellant's own inculpatory statement and surrounding circumstances to hold that smuggling can be established by circumstantial evidence where direct proof is scarce. Penalty under Customs law was therefore sustained, but reduced to Rs. 5 lakh. Redemption fine was set aside because the goods had already been exported, were not available for confiscation and had not been cleared on bond.
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