Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
Toy balloon tariff classification: functional heading prevails over residual rubber and festive article headings, supporting penalties for deliberate ...
Customs valuation using comparable contemporaneous imports can displace declared value, while missing speaking orders require pursuit before competent...
The HC upheld that the DGFT notification relied on powers under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992 and on paragraphs 1.02 and 2.01 of the FTP, recognising the Central Government's competence to amend the FTP and to regulate imports by prohibition or restriction. Notwithstanding this statutory foundation, the court found that the Petitioner established a strong prima facie case and granted ad-interim relief pendente lite, listing the matter for consideration of interim reliefs on 13 Nov 2025. The classification change and import prohibition remain subject to final adjudication.
The HC upheld that the DGFT notification relied on powers under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992 and on paragraphs 1.02 and 2.01 of the FTP, recognising the Central Government's competence to amend the FTP and to regulate imports by prohibition or restriction. Notwithstanding this statutory foundation, the court found that the Petitioner established a strong prima facie case and granted ad-interim relief pendente lite, listing the matter for consideration of interim reliefs on 13 Nov 2025. The classification change and import prohibition remain subject to final adjudication.
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