https://www.taxtmi.com/caselaws?id=448686 The Bombay HC directed adjudication of show cause notices issued by the Directorate of Revenue Intelligence, following precedent from FARMICO COMMODITIES case. The Court admitted the petition while keeping petitioners' contentions open for consideration before the adjudicating authority. Interim relief was granted by staying SCNs dated 20 June 2007 and 24 May 2010. However, respondents retain liberty to seek vacation of interim stay, particularly after SC's decision on review proceedings in Canon India case and final adjudication on Finance Act 2022 challenge. en-us Wed, 29 Nov 2023 00:00:00 +0530 Sat, 27 Jan 2024 08:32:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448686 The Bombay HC directed adjudication of show cause notices issued by the Directorate of Revenue Intelligence, following precedent from FARMICO COMMODITIES case. The Court admitted the petition while keeping petitioners' contentions open for consideration before the adjudicating authority. Interim relief was granted by staying SCNs dated 20 June 2007 and 24 May 2010. However, respondents retain liberty to seek vacation of interim stay, particularly after SC's decision on review proceedings in Canon India case and final adjudication on Finance Act 2022 challenge. Case-Laws Customs Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448686