Maintainability of a Section 7 insolvency petition against a financial service provider denied; appeal dismissed for non maintainability and complex d...
Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribuna...
Restoration of property under Prevention of Money Laundering Act after attachment dispute rendered academic; possession directed to successful resolut...
Goods Transport Agency services via e commerce portals: consignment note creates custody and liability and enables exemption for unregistered recipien...
Concessional customs duty under Notification No. 57/2017-Customs remains available for imported inputs and parts imported for use in manufacture, even where some material is consumed, damaged, or scrapped during the manufacturing process, so long as the IGCR Rules, 2022 are complied with. The text applies a literal reading of the notification and rules, treats "for use" as intended use in manufacture, and rejects importing conditions from SION norms or the separate MOOWR regime. It concludes that the exemption cannot be denied merely because inputs are not physically present in the finished product.
Concessional customs duty under Notification No. 57/2017-Customs remains available for imported inputs and parts imported for use in manufacture, even where some material is consumed, damaged, or scrapped during the manufacturing process, so long as the IGCR Rules, 2022 are complied with. The text applies a literal reading of the notification and rules, treats "for use" as intended use in manufacture, and rejects importing conditions from SION norms or the separate MOOWR regime. It concludes that the exemption cannot be denied merely because inputs are not physically present in the finished product.
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