Person chargeable with duty must be the importer at importation; subsequent purchasers cannot be held liable where beneficial owner rules did not appl...
Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Regular bail under the PMLA was sought on allegations that the accused was the ultimate beneficiary of a well-orchestrated fraud involving diversion and layering of public funds causing major loss to public sector banks. The Court held that bail must turn on case-specific assessment of gravity, prescribed sentence, and the object of the special statute, and that economic offences cannot be mechanically grouped to deny bail. It further held that Article 21's guarantee of speedy trial applies irrespective of the offence's seriousness; here, trial delay was attributable to the prosecution's challenge and consequent stay, not the accused, and alleged dissipation of proceeds was unsupported by material. Regular bail was granted. - SC
Regular bail under the PMLA was sought on allegations that the accused was the ultimate beneficiary of a well-orchestrated fraud involving diversion and layering of public funds causing major loss to public sector banks. The Court held that bail must turn on case-specific assessment of gravity, prescribed sentence, and the object of the special statute, and that economic offences cannot be mechanically grouped to deny bail. It further held that Article 21's guarantee of speedy trial applies irrespective of the offence's seriousness; here, trial delay was attributable to the prosecution's challenge and consequent stay, not the accused, and alleged dissipation of proceeds was unsupported by material. Regular bail was granted. - SC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
