Custom, Import, Sea, Maritime & SEBI Lawyer

In Judicial Review of Economic Regulations, Court would exercise restraint unless clear grounds justify interference: SC

By team of Advocate Retainer July 15, 2021 - 10:30

In Judicial Review of Economic Regulations, Court would exercise restraint unless clear grounds justify interference: SC

The SC on July 14, 2021 {FRANKLIN TEMPLETON TRUSTEE SERVICES PRIVATE LIMITED AND ANOTHER vs. AMRUTA GARG AND OTHERS ETC.} held that since the Regu...

Posted in 1996, Mutual Fund, Regulation 18(15)(c), Regulations 39 to 42, SEBI, Securities and Exchange Board of India (Mutual Page 2 of 77 Funds) Regulations

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Once it is clear that the goods in question are improperly imported and fall in the category of ‘prohibited goods’, are liable to confiscation: Supreme Court

By team of Advocate Retainer June 26, 2021 - 05:30

Once it is clear that the goods in question are improperly imported and fall in the category of ‘prohibited goods’, are liable to confiscation: Supreme Court

The SC on June 17, 2021 {UNION OF INDIA & ORS. vs. M/S. RAJ GROW IMPEX LLP & ORS.} held that when the matter was left for decision by the ...

Posted in Confiscation, Customs Act, Exercise of discretion by authority, Import, Interim Relief, Prohibited Goods, Restrictions in Import, Safeguard Agriculture Market, Sec 125 Customs Act, Writ Jurisdiction

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Turnkey contract cannot be inferred by Revenue in absence of any material - addition of import duty illegal: SC

By team of Advocate Retainer April 28, 2020 - 11:30

Turnkey contract cannot be inferred by Revenue in absence of any material - addition of import duty illegal: SC

The SC on April 27, 2020 {COMMISSIONER OF CUSTOMS (PORT) KOLKATA v. M/S STEEL AUTHORITY OF INDIA LTD.} held that an importer of equipments of a pl...

Posted in Addition of Import Duty, Custom, Rule 12 of the Valuation Rules, Rule 14 of the Valuation Rules, Rule 9(1) (e) of the Valuation Rules, Turnkey Contract

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In case of sale of goods by Warehouse, due to importer not seeking clearance of goods, the duty is payable on Sale price not on declared value by importer; SC.

By team of Advocate Retainer February 20, 2020 - 02:30

In case of sale of goods by Warehouse, due to importer not seeking clearance of goods, the duty is payable on Sale price not on declared value by importer; SC.

Supreme Court of India Justice Hemant Gupta, Justice A M Khanwilkar & Justice Dinesh Maheshwari The issue required to be examined in the prese...

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Customs: Direct appeal to SC under Customs Act maintainable only on limited issues.

By team of Advocate Retainer September 07, 2019 - 07:22

Customs: Direct appeal to SC under Customs Act maintainable only on limited issues.

Supreme Court of India Justice B R Gavai, Justice Arun Mishra and Justice M R Shah The SC {COMMISSIONER OF CUSTOMS, BANGALORE-1 v. M/S MOTOROLA IND...

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Custom Matters Lawyer: demand of differential custom duty from the importer on the basis of best judgement assessment was set aside as it was found to be contrary to rules; SC.

By team of Advocate Retainer June 02, 2019 - 06:00

Custom Matters Lawyer: demand of differential custom duty from the importer on the basis of best judgement assessment was set aside as it was found to be contrary to rules; SC.

Supreme Court of India Justice Sanjay Kishan Kaul In the case titled as "Anil Kumar Anand Versus Commissioner of Customs (preventive)", the issue f...

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