Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
Insolvency petition based on admitted debt and default upheld; challenge for malicious initiation rejected, settlement may proceed under resolution fr...
Quashing of FIR and challenge to ECIR over alleged diversion of funds and preferential ESOP pricing dismissed after prima facie money-laundering findi...
The custodianship of CONCOR's CFS at Majerhat, Kolkata is extended for five years from 01.03.2026, and its appointment as Customs Cargo Service Provider is renewed for the same period under HCCAR, 2009 and Section 45 of the Customs Act, 1962. The notice requires execution of a bond of Rs. 60 lakhs and submission of insurance cover of Rs. 3.3 crores within 30 days, along with indemnity against loss or damage to cargo, compliance with all applicable customs laws and instructions, and payment of cost recovery charges. The approval remains subject to periodic review and may be suspended, revoked or cancelled for non-compliance.
The custodianship of CONCOR's CFS at Majerhat, Kolkata is extended for five years from 01.03.2026, and its appointment as Customs Cargo Service Provider is renewed for the same period under HCCAR, 2009 and Section 45 of the Customs Act, 1962. The notice requires execution of a bond of Rs. 60 lakhs and submission of insurance cover of Rs. 3.3 crores within 30 days, along with indemnity against loss or damage to cargo, compliance with all applicable customs laws and instructions, and payment of cost recovery charges. The approval remains subject to periodic review and may be suspended, revoked or cancelled for non-compliance.
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