Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
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Foreign-origin gold seized under a reasonable belief of smuggling is subject to a statutory burden of proof requiring the claimant-owner to establish lawful import. Foreign markings, unsupported purchase documents and failure to correlate those documents with the seized bars may establish that this burden remains undischarged, rendering the gold liable to confiscation. Confiscation may be accompanied by redemption on payment of the adjudged fine. A person who knowingly handles, transports or possesses goods known or reasonably believed to be liable to confiscation may incur penalty. Handling and possession of gold found liable to confiscation can therefore support both confiscation-related consequences and a statutory penalty.
Foreign-origin gold seized under a reasonable belief of smuggling is subject to a statutory burden of proof requiring the claimant-owner to establish lawful import. Foreign markings, unsupported purchase documents and failure to correlate those documents with the seized bars may establish that this burden remains undischarged, rendering the gold liable to confiscation. Confiscation may be accompanied by redemption on payment of the adjudged fine. A person who knowingly handles, transports or possesses goods known or reasonably believed to be liable to confiscation may incur penalty. Handling and possession of gold found liable to confiscation can therefore support both confiscation-related consequences and a statutory penalty.
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