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...
Imports of mineral hydrocarbon oil in drums, and the related classification dispute under heading 27101990 versus 2710 1290, were treated as covered by the Tribunal's earlier decision in the importers' own case. On that footing, the Tribunal stated that no redemption fine and no penalty were imposable for the alleged contravention of the Petroleum Rules, 2002 and the Customs Act, 1962. The confiscation-related consequences were therefore not sustained, the impugned order was set aside, and consequential relief followed.
Imports of mineral hydrocarbon oil in drums, and the related classification dispute under heading 27101990 versus 2710 1290, were treated as covered by the Tribunal's earlier decision in the importers' own case. On that footing, the Tribunal stated that no redemption fine and no penalty were imposable for the alleged contravention of the Petroleum Rules, 2002 and the Customs Act, 1962. The confiscation-related consequences were therefore not sustained, the impugned order was set aside, and consequential relief followed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
