Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
The appellant imported pneumatic tyres without the mandatory Bureau of Indian Standards (BIS) markings, violating the provisions of the BIS Act and the Pneumatic Tyres and Tubes of Automatic Vehicles (Quality Control) Order, 2009. The imported tyres were held to be "prohibited goods" u/s 2(33) of the Customs Act, 1962, liable for confiscation u/s 111. The appellant also mis-declared the quantity, quality, and valuation of the imported goods. The Tribunal upheld the absolute confiscation of the goods, imposition of penalties u/ss 112(a)(i) and 114AA of the Customs Act, and rejected the appellant's plea for redemption of the goods, citing public safety concerns and the risk of the goods falling into unauthorized hands.
The appellant imported pneumatic tyres without the mandatory Bureau of Indian Standards (BIS) markings, violating the provisions of the BIS Act and the Pneumatic Tyres and Tubes of Automatic Vehicles (Quality Control) Order, 2009. The imported tyres were held to be "prohibited goods" u/s 2(33) of the Customs Act, 1962, liable for confiscation u/s 111. The appellant also mis-declared the quantity, quality, and valuation of the imported goods. The Tribunal upheld the absolute confiscation of the goods, imposition of penalties u/ss 112(a)(i) and 114AA of the Customs Act, and rejected the appellant's plea for redemption of the goods, citing public safety concerns and the risk of the goods falling into unauthorized hands.
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