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...
Proviso to Section 68 allows an owner of warehoused goods to relinquish title at any time before an order for clearance for home consumption, and that relinquishment removes liability to customs duty unless an offence appears to have been committed. The text further states that relinquishment after issue of a show-cause notice does not by itself take away this benefit. On the stated facts, no offence under the Customs Act, 1962 was found, so the demands of duty, redemption fine and penalty were not sustainable.
Proviso to Section 68 allows an owner of warehoused goods to relinquish title at any time before an order for clearance for home consumption, and that relinquishment removes liability to customs duty unless an offence appears to have been committed. The text further states that relinquishment after issue of a show-cause notice does not by itself take away this benefit. On the stated facts, no offence under the Customs Act, 1962 was found, so the demands of duty, redemption fine and penalty were not sustainable.
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