Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Appellate Tribunal examined the issue of conversion of shipping bills from drawback scheme to advance license scheme. It held that there is no time limitation prescribed u/s 149 of the Customs Act, 1962 for such conversion, relying on the Gujarat High Court judgment in Principal Commissioner of Customs, Mundra vs. M/s Lykis Limited. The Tribunal set aside the impugned order denying conversion on the ground of time bar and remanded the matter to the adjudicating authority to consider the request for conversion from drawback scheme to advance license on merits.
Appellate Tribunal examined the issue of conversion of shipping bills from drawback scheme to advance license scheme. It held that there is no time limitation prescribed u/s 149 of the Customs Act, 1962 for such conversion, relying on the Gujarat High Court judgment in Principal Commissioner of Customs, Mundra vs. M/s Lykis Limited. The Tribunal set aside the impugned order denying conversion on the ground of time bar and remanded the matter to the adjudicating authority to consider the request for conversion from drawback scheme to advance license on merits.
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