Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Contravention of foreign exchange rules in crossborder diamond payments; appellate tribunal reduces one appellant's penalty for delay and proportional...
CBIC mandates automation of import and export customs processes to advance trade facilitation and contactless processing. Auto goods registration on arrival will be enabled for AEO T2/T3, notified eligible manufacturerimporters, longstanding importers, and Direct Port Delivery users; auto Out of Charge will apply where duties are paid and no compliance remains. For exports, online goods registration is enabled and an eseal pilot for auto registration will run at Nhava Sheva, with phased rollout as scanners are deployed. Auto Let Export Order will be granted on riskbased evaluation for shipping bills not selected for examination, with officers empowered to place system "HOLDs."
CBIC mandates automation of import and export customs processes to advance trade facilitation and contactless processing. Auto goods registration on arrival will be enabled for AEO T2/T3, notified eligible manufacturerimporters, longstanding importers, and Direct Port Delivery users; auto Out of Charge will apply where duties are paid and no compliance remains. For exports, online goods registration is enabled and an eseal pilot for auto registration will run at Nhava Sheva, with phased rollout as scanners are deployed. Auto Let Export Order will be granted on riskbased evaluation for shipping bills not selected for examination, with officers empowered to place system "HOLDs."
Note: It is a system-generated summary and is for quick reference only.
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