Unlawful outward remittances via Hawala using proforma invoices and electronic records proved; documents admitted, directors penalised, penalties redu...
Attachment of equivalent-value properties as proceeds of crime upheld; preventive attachment order and confirmation sustained; no independent ED reinv...
Broker trading-system "technical glitch" redefinition and narrowed incident-reporting regime for large IBT/STWT brokers requiring 2-hr notice and 14-w...
Interpretation of an exemption notification for imported crude palm oil focused on acid value as the sole contested parameter. The tribunal applied a strict textual interpretation, holding that the phrase "acid value 4 or more" contains no upper limit, so no higher acid-value cutoff may be read into the notification; consequence: notification benefit cannot be denied on that ground. The tribunal further treated reprocessing and PHO clearance as operative compliance evidence, nullifying claims that the goods failed edible-grade standards and resulting in allowance of the appeals with consequential relief.
Interpretation of an exemption notification for imported crude palm oil focused on acid value as the sole contested parameter. The tribunal applied a strict textual interpretation, holding that the phrase "acid value 4 or more" contains no upper limit, so no higher acid-value cutoff may be read into the notification; consequence: notification benefit cannot be denied on that ground. The tribunal further treated reprocessing and PHO clearance as operative compliance evidence, nullifying claims that the goods failed edible-grade standards and resulting in allowance of the appeals with consequential relief.
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