Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
The CESTAT upheld the respondents' case, ruling that the allegations of fraudulently obtaining Duty Free Credit Entitlement (DFCE) licenses and engaging in circular trading of cut and polished diamonds were unfounded. The Tribunal affirmed that the DFCE licenses used for imports were valid, as the DGFT had not cancelled or modified them. Consequently, the demands for duty, confiscation of goods, and penalties were dismissed, and the Revenue's appeal was rejected.
The CESTAT upheld the respondents' case, ruling that the allegations of fraudulently obtaining Duty Free Credit Entitlement (DFCE) licenses and engaging in circular trading of cut and polished diamonds were unfounded. The Tribunal affirmed that the DFCE licenses used for imports were valid, as the DGFT had not cancelled or modified them. Consequently, the demands for duty, confiscation of goods, and penalties were dismissed, and the Revenue's appeal was rejected.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
