Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
The HC refused bail to the petitioner, upholding the validity of the arrest under the PMLA. The court found the arresting officer had recorded grounds of arrest and reasons to believe based on material collected, and judicial review could not probe sufficiency of that subjective satisfaction. Although compliance with s.19(2) was delayed, immediate delivery of the grounds to the petitioner enabled the court to verify that material pre-existed the arrest, distinguishing this case from precedents invalidating detention for delayed transmission. Given ongoing complex economic investigations, the evidentiary burden under s.24 and the petitioner's alleged suppression of facts, propensity to influence witnesses and risk of tampering, the twin conditions in s.45 were not satisfied and bail was denied.
The HC refused bail to the petitioner, upholding the validity of the arrest under the PMLA. The court found the arresting officer had recorded grounds of arrest and reasons to believe based on material collected, and judicial review could not probe sufficiency of that subjective satisfaction. Although compliance with s.19(2) was delayed, immediate delivery of the grounds to the petitioner enabled the court to verify that material pre-existed the arrest, distinguishing this case from precedents invalidating detention for delayed transmission. Given ongoing complex economic investigations, the evidentiary burden under s.24 and the petitioner's alleged suppression of facts, propensity to influence witnesses and risk of tampering, the twin conditions in s.45 were not satisfied and bail was denied.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4792
Join Channel
TaxTMI 
