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    Customs cargo custody at Kamarajar Port is assigned to the designated container freight station for import and export handling.
    Customs Area declaration permits the Container Freight Station to handle imported container cargo and export cargo under prescribed procedures.
    Post-award interim protection remains available to unsuccessful arbitral parties, subject to a higher threshold for exceptional relief.
    Regular bail in alleged fraudulent input tax credit matters granted where evidence was documentary and trial safeguards addressed risks.
    GST portal-only service remains invalid, restoring ex parte proceedings and preventing appeal limitation from commencing without effective service.
    Transitional CENVAT credit cannot be reassessed under CGST proceedings, while eligible cess and VAT stock credits remain transitionable.
    Additional input tax credit must reduce flat prices; pending anti-profiteering proceedings continue despite future-request restrictions or unstayed co...
    Internal comparable pricing for captive power transfers prevails where same-unit market purchases provide the most reliable arm's-length benchmark.
    Head office expenditure limits require factual scrutiny, while branch-to-branch interest remains outside Indian withholding tax provisions.
    Co-operative society investment interest qualifies for deduction where deposits are held with other co-operative banks under section 80P(2)(d).
    Specific penalty charges in notices must match penalty orders; shifting between statutory limbs invalidates the penalty proceedings.
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    Valid reassessment requires dated recorded reasons and independent sanction; undated reasons and mechanical approval invalidate proceedings.
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    Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
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      The Supreme Court considered a case involving condonation of...

      Condonation of delay granted in filing appeal after SEBI's appeal. Remand order passed by SAT. Delay condoned, notice issued.

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      SEBIMay 28, 2024Case LawsSCH
      The Supreme Court considered a case involving condonation of delay in filing an appeal. The appellants filed the appeal after SEBI had already appealed to the Court against the Securities Appellate Tribunal's order. The Court noted that the appellants succeeded on one issue but a remand order was issued on another issue to the Whole Time Member by SAT. The appellants stated that they had complied with the requirement to file submissions but no hearing took place before the Whole Time Member. Given the situation and the appeal filed by SEBI, the Court decided to condone the delay and issued notice in the matter.

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      ActsIncome Tax