Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
CESTAT revoked the Customs Broker license for fraudulent paper exports to Bhutan, finding the broker culpable for violating Regulations 10(d) and 10(e) of CBLR 2018. Despite establishing delinquency through evidence from Bhutan agencies and mismatched export documents, the tribunal moderated the penalty. The license was reinstated with conditional restrictions, recognizing the disproportionate nature of complete license revocation. The broker failed to demonstrate compliance or prove innocence, resulting in a nuanced judicial outcome that balanced regulatory enforcement with proportionate disciplinary action.
CESTAT revoked the Customs Broker license for fraudulent paper exports to Bhutan, finding the broker culpable for violating Regulations 10(d) and 10(e) of CBLR 2018. Despite establishing delinquency through evidence from Bhutan agencies and mismatched export documents, the tribunal moderated the penalty. The license was reinstated with conditional restrictions, recognizing the disproportionate nature of complete license revocation. The broker failed to demonstrate compliance or prove innocence, resulting in a nuanced judicial outcome that balanced regulatory enforcement with proportionate disciplinary action.
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