Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Provisional release of seized imports requires enhanced duty payment, bank guarantee and disclosures while customs adjudication proceeds independently...
Application for Grant of bail - smuggling foreign origin gold - No duty paid - The High court ultimately rejected the bail application, citing the materials collected during the investigation, which indicate his possession of smuggled gold bars valued at a significant amount. The decision is based on the provisions of Section 135(1)(b)(i)(A) of the Customs Act, which renders the offense non-bailable considering the value of the seized goods.
Application for Grant of bail - smuggling foreign origin gold - No duty paid - The High court ultimately rejected the bail application, citing the materials collected during the investigation, which indicate his possession of smuggled gold bars valued at a significant amount. The decision is based on the provisions of Section 135(1)(b)(i)(A) of the Customs Act, which renders the offense non-bailable considering the value of the seized goods.
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