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...
Separately Identifiable Services: transportation found to be the essential character, so Cargo Handling classification and extended limitation rejecte...
Court recognised a procedural failure in timely filing Form 10B under the Income Tax Act but treated it as a curable irregularity where substantial entitlement to tax exemption exists. The administrative Circular relied upon by the respondent was not treated as binding on the court. Applying the principle that technical non-compliance should not defeat substantive benefits to a trust or institution, the court condoned a short delay in filing Form 10B and allowed the petitioner to retain benefits under Sections 11 and 12 of the Income Tax Act.
Court recognised a procedural failure in timely filing Form 10B under the Income Tax Act but treated it as a curable irregularity where substantial entitlement to tax exemption exists. The administrative Circular relied upon by the respondent was not treated as binding on the court. Applying the principle that technical non-compliance should not defeat substantive benefits to a trust or institution, the court condoned a short delay in filing Form 10B and allowed the petitioner to retain benefits under Sections 11 and 12 of the Income Tax Act.
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