Deferred Payment of Customs Duty extended to Eligible Manufacturer Importers with electronic registration and ICEGATE authentication for conditional c...
Tariff classification determines GST schedule and rate; beverages in Schedule III attract the higher rate, tea extracts and syrups in Schedule I attra...
Fraudulent trading requires cogent evidence of intent to defraud; ordinary-course payments protected, except post-insolvency withdrawals must be resto...
Challenge to arrest under the Prevention of Money Laundering Act focused on whether the arresting officer had 'reasons to believe' and whether statutory safeguards were followed; court applied the limited judicial review standard requiring manifest arbitrariness or gross non compliance and found procedural safeguards complied with, tangible material (cash, jewellery, digital devices, recorded statements and communications) supported the officer's reasons to believe, and remand orders need not be quashed. On proceeds of crime and the independence of the money laundering offence, the court held that property derived from scheduled offences may constitute proceeds of crime and that possession or concealment can sustain independent money laundering proceedings, so PMLA liability did not require prior arraignment in predicate FIRs.
Challenge to arrest under the Prevention of Money Laundering Act focused on whether the arresting officer had 'reasons to believe' and whether statutory safeguards were followed; court applied the limited judicial review standard requiring manifest arbitrariness or gross non compliance and found procedural safeguards complied with, tangible material (cash, jewellery, digital devices, recorded statements and communications) supported the officer's reasons to believe, and remand orders need not be quashed. On proceeds of crime and the independence of the money laundering offence, the court held that property derived from scheduled offences may constitute proceeds of crime and that possession or concealment can sustain independent money laundering proceedings, so PMLA liability did not require prior arraignment in predicate FIRs.
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