Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
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Clandestine removal - tobacco pouches - The Tribunal had set aside the impugned order of the Original Authority, which had demanded excise duty and imposed penalties based on the presumption that the presence of packing machines indicated their use for illicit packing of excisable goods. - Later High Court confirmed the order of tribunal. - Now the supreme court has dismissed the revenue appeal (SLP) - However, Apex Court kept the question of law open for being considered in another case.
Clandestine removal - tobacco pouches - The Tribunal had set aside the impugned order of the Original Authority, which had demanded excise duty and imposed penalties based on the presumption that the presence of packing machines indicated their use for illicit packing of excisable goods. - Later High Court confirmed the order of tribunal. - Now the supreme court has dismissed the revenue appeal (SLP) - However, Apex Court kept the question of law open for being considered in another case.
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