Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
CESTAT dismissed revenue's appeals regarding Target Plus Scheme (TPS) utilization. The tribunal found that imported plastic granules had a legitimate nexus with ready-made garment exports, as confirmed by DGFT's acceptance of license conditions. The court emphasized that imported goods under TPS must be for actual use by importers or supporting manufacturers. The decision aligned with precedent in similar cases, specifically referencing a prior ruling involving Sunstar Overseas Ltd. The tribunal validated the assessee's compliance with TPS and Foreign Trade Policy (FTP) requirements, consequently rejecting revenue's proposed proceedings and upholding the original license benefits.
CESTAT dismissed revenue's appeals regarding Target Plus Scheme (TPS) utilization. The tribunal found that imported plastic granules had a legitimate nexus with ready-made garment exports, as confirmed by DGFT's acceptance of license conditions. The court emphasized that imported goods under TPS must be for actual use by importers or supporting manufacturers. The decision aligned with precedent in similar cases, specifically referencing a prior ruling involving Sunstar Overseas Ltd. The tribunal validated the assessee's compliance with TPS and Foreign Trade Policy (FTP) requirements, consequently rejecting revenue's proposed proceedings and upholding the original license benefits.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
