CKD/SKD air-conditioner components classifiable with finished units by essential character; prior advance ruling extended three years, FTA benefits po...
Scope of judicial review under Article 226: supervisory, not appellate; factual reappraisal barred, challenge dismissed; insolvency professional dutie...
Courier transshipment of imported goods via named carrier to air cargo stations renewed until 30.01.2026; exemption conditional, strict controls apply...
HC held that the Appellate Tribunal under PMLA, by virtue of S.26(4), possesses wide appellate jurisdiction, including the inherent power to remand matters to the Adjudicating Authority after setting aside an order of confirmation of provisional attachment under S.8. The Tribunal's interference in the present case was based on breach of principles of natural justice, as the notice lacked communication of "reasons to believe," thereby vitiating the confirmation order but not the underlying proceedings. HC clarified that remand merely restores proceedings to the stage before confirmation and does not invalidate the provisional attachment by efflux of time. Finding no statutory bar or jurisdictional error, HC dismissed the appeals as devoid of merit.
HC held that the Appellate Tribunal under PMLA, by virtue of S.26(4), possesses wide appellate jurisdiction, including the inherent power to remand matters to the Adjudicating Authority after setting aside an order of confirmation of provisional attachment under S.8. The Tribunal's interference in the present case was based on breach of principles of natural justice, as the notice lacked communication of "reasons to believe," thereby vitiating the confirmation order but not the underlying proceedings. HC clarified that remand merely restores proceedings to the stage before confirmation and does not invalidate the provisional attachment by efflux of time. Finding no statutory bar or jurisdictional error, HC dismissed the appeals as devoid of merit.
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