Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
HC held that the plea of want of territorial jurisdiction was untenable and declined to apply forum conveniens to oust constitutionally conferred jurisdiction where nexus exists between the cause of action and the Court. On merits, the Court found no subsisting show-cause notice or cognizable offence; proceedings pursuant to the 2016 SCN were dropped and the Order in Original in favour of the petitioner, upheld by CESTAT, remains operable without any stay. The HC further recorded absence of evidence that the petitioner was informed of any LOC and noted renunciation of Indian citizenship predated the first LOC. Subject to the petitioner filing an affidavit undertaking to cooperate and produce documents, the impugned LOC is quashed and the petition is disposed.
HC held that the plea of want of territorial jurisdiction was untenable and declined to apply forum conveniens to oust constitutionally conferred jurisdiction where nexus exists between the cause of action and the Court. On merits, the Court found no subsisting show-cause notice or cognizable offence; proceedings pursuant to the 2016 SCN were dropped and the Order in Original in favour of the petitioner, upheld by CESTAT, remains operable without any stay. The HC further recorded absence of evidence that the petitioner was informed of any LOC and noted renunciation of Indian citizenship predated the first LOC. Subject to the petitioner filing an affidavit undertaking to cooperate and produce documents, the impugned LOC is quashed and the petition is disposed.
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