Follow Us:

Archive: August, 2022

Posts in August, 2022

IBBI suspends registration of IP for eliminating voting rights of CoC members for non-contribution to CIRP costs

August 16, 2022 1377 Views 0 comment Print

Most serious contraventions relate to eliminating the voting rights of CoC members for non-contribution to the CIRP costs. This contravention goes against the letter and spirit of the Code.

Weekly newsletter from Chairman, CBIC dated 16/08/2022

August 16, 2022 957 Views 0 comment Print

With a view to enhancing facilitation of trade across the India-Bangladesh border, a number of stakeholder meetings have been held between Indian Customs and our counterparts in Bangladesh.

Govt notifies amendment in Courts for trial of cases under PMLA in Telangana

August 16, 2022 1086 Views 0 comment Print

Govt notifies amendment in Courts for trial of cases under PMLA in Telangana vide notification No. S.O. 4042(E) dated: 16th August, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 16th August, 2022 S.O. 4042(E).—In exercise of the powers conferred by sub-section (1) of section 43 of the Prevention of Money – laundering […]

Revised Guidelines for Arrest & Bail for offences under Customs Act,1962

August 16, 2022 25159 Views 0 comment Print

Circular No. 13/2022-Customs – CBIC issued revised Guidelines for Arrest and Bail in relation to offences punishable under Customs Act, 1962

Principle of lifting corporate veil cannot be invoked without opportunity of being heard

August 16, 2022 1770 Views 0 comment Print

Held that principle of lifting the corporate veil was invoked without giving an opportunity of being heard violates the principles of nature justice and hence untenable

Guidelines for launching of Prosecution for offences under Customs Act

August 16, 2022 23936 Views 0 comment Print

Circular No. 12/2022-Customs CBIC issued guidelines for launching of Prosecution in relation to offences punishable under Customs Act 1962

Appeal can be filed by person opting to make payment of tax & penalty on detention/seizure

August 16, 2022 7107 Views 0 comment Print

Held that person seeking to make payment of tax and penalty u/s. 129(1)(a) of the CGST Act cannot be deprived from filing an appeal u/s 107

Delay of decade in proceeding makes entire proceeding vitiated

August 16, 2022 855 Views 0 comment Print

Held that if proceedings do not culminate within a reasonable period of time then they stand vitiated. The delay of over a decade truly violates the Appellant’s right to natural justice and vitiates the entire proceeding.

Earlier decision of co-ordinate jurisdiction cannot be rendered per incuriam

August 16, 2022 2241 Views 0 comment Print

Held that incorrect earlier decision by a bench of co-ordinate jurisdiction cannot be rendered per incuriam. Earlier decision has binding effect on a bench of co-ordinate jurisdiction.

Subsidy for dispersal of industries in less developed area is capital receipt

August 16, 2022 1194 Views 0 comment Print

Held that the subsidy granted for encouraging the dispersal of industries to the less developed areas of the State of Maharashtra cannot be treated as revenue receipt.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031