Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
The key aspects of the case relate to the maintainability of an application before the Advance Ruling Authority, classification of imported goods, and the applicability of Rule 2(a) for determining the classification. The court held that the expression "business" in Section 28E(a) of the Customs Act must be given a wide meaning, encompassing business models/modus operandi, not just products. The change in the applicant's business model constituted an "activity" for the purpose of Section 28E, rendering the application maintainable. Regarding classification, the court reiterated that until all components of a complete article are presented together for assessment, Rule 2(a) cannot be invoked to classify the parts as a complete article. As six essential components were procured from Indian vendors, the imports could not be classified as motor vehicles u/r 2(a). Consequently, the court dismissed the writ petition, upholding the impugned order.
The key aspects of the case relate to the maintainability of an application before the Advance Ruling Authority, classification of imported goods, and the applicability of Rule 2(a) for determining the classification. The court held that the expression "business" in Section 28E(a) of the Customs Act must be given a wide meaning, encompassing business models/modus operandi, not just products. The change in the applicant's business model constituted an "activity" for the purpose of Section 28E, rendering the application maintainable. Regarding classification, the court reiterated that until all components of a complete article are presented together for assessment, Rule 2(a) cannot be invoked to classify the parts as a complete article. As six essential components were procured from Indian vendors, the imports could not be classified as motor vehicles u/r 2(a). Consequently, the court dismissed the writ petition, upholding the impugned order.
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