https://www.taxtmi.com/caselaws?id=767473 The AP HC stayed proceedings challenging warehouse establishment and equipment import permissions under Section 65 of the Customs Act. The court found the department's attempt to negate previously granted permissions prima facie unjustified. Interim relief was granted allowing continued operation of power generation equipment for home consumption, subject to conditions including retention of 15% of power purchase agreement payments in fixed deposit with State Bank of India until further orders. The stay remains effective pending SC decision in related SLP proceedings by Central Board of Indirect Taxes and Customs. en-us Mon, 09 Dec 2024 00:00:00 +0530 Wed, 19 Mar 2025 06:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767473 The AP HC stayed proceedings challenging warehouse establishment and equipment import permissions under Section 65 of the Customs Act. The court found the department's attempt to negate previously granted permissions prima facie unjustified. Interim relief was granted allowing continued operation of power generation equipment for home consumption, subject to conditions including retention of 15% of power purchase agreement payments in fixed deposit with State Bank of India until further orders. The stay remains effective pending SC decision in related SLP proceedings by Central Board of Indirect Taxes and Customs. Case-Laws Customs Mon, 09 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767473