Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
Proposes inserting Section 55A in the Prohibition of Benami Property Transactions Act, 1988 to allow the Initiating Officer to tender immunity from penalty to benamidars or abettors, other than beneficial owners, for offenses u/s 53, subject to full disclosure of benami transaction details. The immunity can be withdrawn if conditions are not met or false evidence is provided. This aims to gather evidence against beneficial owners by incentivizing benamidars to cooperate, considering their often poor means. The amendment takes effect from October 1, 2024.
Proposes inserting Section 55A in the Prohibition of Benami Property Transactions Act, 1988 to allow the Initiating Officer to tender immunity from penalty to benamidars or abettors, other than beneficial owners, for offenses u/s 53, subject to full disclosure of benami transaction details. The immunity can be withdrawn if conditions are not met or false evidence is provided. This aims to gather evidence against beneficial owners by incentivizing benamidars to cooperate, considering their often poor means. The amendment takes effect from October 1, 2024.
Note: It is a system-generated summary and is for quick reference only.