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Supreme Court of India

Rule 9(1)(e) of Valuation Rules could not be applied to every Import which was not dependent on one other

April 27, 2020 3918 Views 0 comment Print

Authorities was not justified in holding that it was a turnkey project, importation of equipment and post-importation project implementation exercise were mutually dependent as reading such implied conditions into the contracts would be impermissible in the absence of any other material to demonstrate subsistence of such conditions.

Movement of goods, from one State to another terminates, where good have been delivered : SC

April 27, 2020 4029 Views 0 comment Print

That fiction is that the movement of goods, from one State to another shall terminate, where the good have been delivered to a carrier for transmission, at the time of when delivery is taken from such carrier.

SC: No right to party to challenge bonafides or competence of Judges

April 27, 2020 1773 Views 0 comment Print

There can be no manner of doubt that any citizen of the country can criticise the judgments delivered by any Court including this Court. However, no party has the right to attribute motives to a Judge or to question the bona fides of the Judge or to raise questions with regard to the competence of the Judge.

SC on Sufficiency of Notice Sent under Certificate of Posting

April 24, 2020 4506 Views 0 comment Print

Mohd. Asif Naseer Vs West Watch Company (Supreme Court) It may be so that mere receipt of notice having been sent under certificate of posting, in itself, may not be sufficient proof of service, but if the same is coupled with other facts and circumstances which go to show that the party had notice, the […]

Enforcement of A Foreign Award & Public Policy of India under Arbitration Act

April 22, 2020 1395 Views 0 comment Print

The Court was satisfied that enforcement of such foreign award shall be against the public policy of India and therefore, the award was denied enforcement. This Court further held that the award could be enforced as per Section 7 (1) (a) (i) of the Foreign Awards Act which protects the parties who are under inability to perform their obligations because of laws applicable or because of invalidity of the agreement.

Promissory Estoppel on Govt. Clarifications, applied retrospectively in Public Interest

April 22, 2020 2970 Views 0 comment Print

Union of India & Others. v/s V.V.F. Limited & Others (Supreme Court) Promissory Estoppel on Govt. Clarifications, applied retrospectively in the Public Interest (Supreme Court 3 Judge Bench Judgment) Decided on 22.4.2020 Questions Framed (Important Points) :- 1. Whether in the facts and circumstances of the case the subsequent notification No. 16 of 2008 dated […]

SC: Doctrine of Promissory Estoppel not applicable on subsequent industrial policies

April 22, 2020 2451 Views 0 comment Print

Subsequent notifications/industrial policies  were issued in public interest and in the interest of the Revenue and they seek to achieve the original object and purpose of giving incentive/exemption while inviting the persons to make investment on establishing the new undertakings and they did not take away any vested rights conferred under the earlier notifications/industrial policies and therefore could not be said to be hit by the doctrine of promissory estoppel, the same was to be applied retrospectively and they could not be said to be irrational and/or arbitrary.

A New Light on Reassessment Under Income Tax Act, 1961

April 16, 2020 2427 Views 0 comment Print

In our view this is not a fair or proper procedure. If not in the first notice, at least at the time of furnishing the reasons the assessee should have been informed that the revenue relied upon the second proviso. The assessee must be put to notice of all the provisions on which the revenue relies upon.

Medical Oxygen IP and Nitrous Oxide IP are medicines: SC

April 13, 2020 5889 Views 0 comment Print

There is no doubt that Medical Oxygen IP and Nitrous Oxide IP are medicines used for or in the diagnosis, treatment, mitigation or prevention of any disease or disorder in human beings falling within the ambit of Section 3(b)(i) of the 1940 Act. SC hold that Medical Oxygen IP and Nitrous Oxide IP fall within the ambit of Section 3(b)(i) of the 1940 Act and are consequently covered in Entry 88 of the 2005 Act.

SC Guidelines For Court Functioning via Video Conferencing during Covid-19 Pandemic

April 6, 2020 1713 Views 0 comment Print

All measures that have been and shall be taken by this Court and by the High Courts, to reduce the need for the physical presence of all stakeholders within court premises and to secure the functioning of courts in consonance with social distancing guidelines and best public health practices shall be deemed to be lawful;

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