Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
HC ruled the seizure of a luxury vehicle and freezing of a company's bank account under PMLA was illegal. No scheduled offences were established, and no substantive link existed between the petitioner's company and the alleged money laundering proceedings. The Enforcement Directorate failed to follow due process under Section 17 of PMLA, including recording proper belief and forwarding necessary documentation to the Adjudicating Authority. The court found the actions unauthorized, emphasizing that familial connections do not automatically implicate corporate liability. While the current seizure and freezing were deemed unlawful, the court noted that future investigations could potentially pursue legal remedies if credible evidence emerges. Application allowed, with the vehicle and bank account to be released.
HC ruled the seizure of a luxury vehicle and freezing of a company's bank account under PMLA was illegal. No scheduled offences were established, and no substantive link existed between the petitioner's company and the alleged money laundering proceedings. The Enforcement Directorate failed to follow due process under Section 17 of PMLA, including recording proper belief and forwarding necessary documentation to the Adjudicating Authority. The court found the actions unauthorized, emphasizing that familial connections do not automatically implicate corporate liability. While the current seizure and freezing were deemed unlawful, the court noted that future investigations could potentially pursue legal remedies if credible evidence emerges. Application allowed, with the vehicle and bank account to be released.
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