Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Provisional release of seized imported goods was directed on conditional terms, because the matter was at the seizure-memo stage and the relief sought was only interim release. The Court followed the earlier course adopted in identical matters and noted that the Supreme Court had declined to interfere with conditional release while allowing adjudication to continue. Release was ordered subject to payment of the enhanced duty quantified, furnishing of bank guarantee, and maintenance of transaction details after release. The adjudicating authority was expressly left free to decide the proceedings independently on their own merits, without being influenced by the provisional release order.
Provisional release of seized imported goods was directed on conditional terms, because the matter was at the seizure-memo stage and the relief sought was only interim release. The Court followed the earlier course adopted in identical matters and noted that the Supreme Court had declined to interfere with conditional release while allowing adjudication to continue. Release was ordered subject to payment of the enhanced duty quantified, furnishing of bank guarantee, and maintenance of transaction details after release. The adjudicating authority was expressly left free to decide the proceedings independently on their own merits, without being influenced by the provisional release order.
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