https://www.taxtmi.com/caselaws?id=447537 The Bombay HC stayed an 8-year-old show cause notice dated 29th February 2016 issued by DRI. The court found substance in petitioners' submissions, applying Canon India Pvt. Ltd. precedent regarding DRI's jurisdiction to issue SCNs. The court distinguished respondents' reliance on Laxmi Organic Industries Ltd., noting that case involved a 2019 SCN delayed by Covid-19 pandemic, unlike the present case's 8-year delay. The court granted interim stay pending final disposal, allowing respondents liberty to seek vacation of stay if circumstances warrant or after SC's review proceedings in Canon India case. en-us Thu, 21 Dec 2023 00:00:00 +0530 Fri, 29 Dec 2023 08:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447537 The Bombay HC stayed an 8-year-old show cause notice dated 29th February 2016 issued by DRI. The court found substance in petitioners' submissions, applying Canon India Pvt. Ltd. precedent regarding DRI's jurisdiction to issue SCNs. The court distinguished respondents' reliance on Laxmi Organic Industries Ltd., noting that case involved a 2019 SCN delayed by Covid-19 pandemic, unlike the present case's 8-year delay. The court granted interim stay pending final disposal, allowing respondents liberty to seek vacation of stay if circumstances warrant or after SC's review proceedings in Canon India case. Case-Laws Customs Thu, 21 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447537