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...
RPA (Remote Pilot Aircraft) for military use defined to include drones/UAV/UAS; exemptions limited to specified defence imports with Joint Secretary c...
Expeditious disposal of unclaimed or uncleared hazardous and explosive cargo is mandated, requiring completion within two months of arrival. The notice directs custodians to follow the procedure under Section 48 of the Customs Act and the Disposal Manual, 2019, applying the principles of natural justice in each case; earlier CBIC Circular No. 49/2018 is cited as procedural guidance. The operative effect is an accelerated, safety-driven timeline for disposal of hazardous consignments to prevent mishaps while preserving procedural fairness under the prescribed disposal framework.
Expeditious disposal of unclaimed or uncleared hazardous and explosive cargo is mandated, requiring completion within two months of arrival. The notice directs custodians to follow the procedure under Section 48 of the Customs Act and the Disposal Manual, 2019, applying the principles of natural justice in each case; earlier CBIC Circular No. 49/2018 is cited as procedural guidance. The operative effect is an accelerated, safety-driven timeline for disposal of hazardous consignments to prevent mishaps while preserving procedural fairness under the prescribed disposal framework.
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