Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Calcutta High Court has reinforced that a Container Freight Station (CFS) operator cannot avoid liability for Customs charges based on the absence of formal sanction for the officer's position. The ruling emphasizes the importance of the substance of transactions over formal procedural aspects.
The NCLT Principal Bench ruled that the assignment of avoidance proceedings and residual assets during liquidation permits dissolution when no further assets remain for distribution.
The Madras High Court ruled that satire should not be treated as sedition by staying a notice against VHP's social media posts.
The Supreme Court established two additional election tribunals to address disputes from ongoing State Bar Council elections, enhancing the resolution mechanisms available for legal practitioners.
The Patna High Court invalidated the Bihar government's decision to downgrade security for MP Pappu Yadav, deeming it arbitrary. The ruling emphasized adherence to due process in security matters for public figures.
The ITAT ruled that remote access and virtual services do not equate to a Permanent Establishment under the India-Canada DTAA, rejecting the 'Virtual Service PE' theory in a case involving IMAX Theatre Services.
The GST Appellate Tribunal (GSTAT) has established benches and a structured hearing process for handling GST appeals across India, improving efficiency in tax dispute resolution.
The DGFT has set new regulations capping gold imports under the Advance Authorisation Scheme at 100 kg, aimed at compliance and regulatory oversight.
The Karnataka High Court has annulled duplicate GST orders for the same tax period, mandating a fresh hearing from the stage of reply to the show cause notice, emphasizing procedural adherence in tax assessments.
The CESTAT has mandated reassessment of a refund claim involving excess countervailing duty for gold jewellery that was mistakenly classified, reinforcing the principle of accurate classification for duty claims.
The CESTAT has dismissed a refund appeal on customs duty reassessment, stating that the importer’s claim was barred due to late filing under Section 27. Proper documentation is paramount in navigating customs regulations.
The RBI has issued updated directions on responsible business conduct specifically for Regional Rural Banks, reinforcing ethical standards in their operations.