Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
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Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
CESTAT ruled that gold seizure was unwarranted due to insufficient evidence of foreign origin. Revenue failed to demonstrate reasonable belief under Section 110, while the appellant provided procurement invoices, profit and loss accounts, income tax returns, and GST payment records. The tribunal held the gold confiscation unsustainable, ordered its release to the owner, and vacated associated penalties. The appellate order set aside the original confiscation order, granting complete relief to the appellants and mandating the return of both gold and vehicle.
CESTAT ruled that gold seizure was unwarranted due to insufficient evidence of foreign origin. Revenue failed to demonstrate reasonable belief under Section 110, while the appellant provided procurement invoices, profit and loss accounts, income tax returns, and GST payment records. The tribunal held the gold confiscation unsustainable, ordered its release to the owner, and vacated associated penalties. The appellate order set aside the original confiscation order, granting complete relief to the appellants and mandating the return of both gold and vehicle.
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