Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
CESTAT dismissed the appellant's condonation of delay application for appeals. Despite being a large corporate entity with established legal infrastructure, the appellant failed to provide sufficiently substantive reasons for delay. The tribunal found the explanations vague and unconvincing, including references to cyclone impact and advocate unavailability. Settled legal principles require detailed day-wise explanations for delay, which were absent in this case. The court emphasized that negligence, gross inaction, and lack of bona fides cannot justify time-barred appeals. Consequently, the application was rejected, reinforcing that condonation of delay is not a mere procedural formality but requires compelling and reasonable justifications for each day's postponement.
CESTAT dismissed the appellant's condonation of delay application for appeals. Despite being a large corporate entity with established legal infrastructure, the appellant failed to provide sufficiently substantive reasons for delay. The tribunal found the explanations vague and unconvincing, including references to cyclone impact and advocate unavailability. Settled legal principles require detailed day-wise explanations for delay, which were absent in this case. The court emphasized that negligence, gross inaction, and lack of bona fides cannot justify time-barred appeals. Consequently, the application was rejected, reinforcing that condonation of delay is not a mere procedural formality but requires compelling and reasonable justifications for each day's postponement.
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