Profit-element taxation limits additions for unaccounted flat-sale receipts and grey-market purchases, while reliable search records support partial a...
Non-participating bidders cannot disturb concluded liquidation sales on speculative prejudice, while costs for such challenges must remain proportiona...
Regulation 12(8) of the Handling of Cargo in Customs Area Regulations, 2009, caps the penalty for a cargo handling operator's acts of omission or commission at Rs. 50,000. An adjudicating authority cannot impose a penalty exceeding that statutory maximum under the Regulation, and an earlier departmental precedent cannot displace the clear ceiling. The penalty was accordingly restricted to Rs. 50,000, with the appeal partly allowed through modification of the impugned order.
Regulation 12(8) of the Handling of Cargo in Customs Area Regulations, 2009, caps the penalty for a cargo handling operator's acts of omission or commission at Rs. 50,000. An adjudicating authority cannot impose a penalty exceeding that statutory maximum under the Regulation, and an earlier departmental precedent cannot displace the clear ceiling. The penalty was accordingly restricted to Rs. 50,000, with the appeal partly allowed through modification of the impugned order.
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