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...
The case involved operating a duty-free shop without the required Special Warehouse Licence, leading to illegal sales of duty-free goods. The appellant was initially allocated a smaller space for the shop, but later shifted to a larger space without amending the Licence. However, goods were stored and removed under Customs supervision. The Tribunal found no evidence of illegal activities and directed the Commissioner to restore the original Licence and consider amending it to include the larger space. The appeal was allowed, setting aside the impugned order and remanding the case for further action.
The case involved operating a duty-free shop without the required Special Warehouse Licence, leading to illegal sales of duty-free goods. The appellant was initially allocated a smaller space for the shop, but later shifted to a larger space without amending the Licence. However, goods were stored and removed under Customs supervision. The Tribunal found no evidence of illegal activities and directed the Commissioner to restore the original Licence and consider amending it to include the larger space. The appeal was allowed, setting aside the impugned order and remanding the case for further action.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
