Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe Supreme Court held that customs valuation cannot be enhanced based solely on unverified export declarations from foreign suppliers. The ruling reinforces the requirement for independent corroboration in transfer pricing disputes.
FeaturedThe Supreme Court ruled that customs seizures must be based on reasonable belief supported by facts, not mere suspicion. The standard ensures protection against arbitrary enforcement.
FeaturedThe Delhi High Court held that Bank Realisation Certificates (BRCs) are not conclusive evidence of genuine export proceeds. The court emphasized that customs authorities must conduct independent verification to determine export authenticity.
FeaturedThe Supreme Court reaffirmed that customs seizures require 'reasonable belief' of contravention, not mere suspicion. The standard is higher than suspicion and must be grounded in credible facts.
FeaturedMultiple tribunals have set aside gold confiscations due to lack of proof of foreign origin or smuggling. The decisions affirm strict evidentiary standards under customs law.
FeaturedThe Supreme Court held that customs authorities cannot enhance valuation solely on unverified export declarations. The decision reinforces evidentiary standards in customs proceedings.
FeaturedThe Supreme Court upheld a Delhi High Court order directing release of 233 grams of gold seized by customs in May 2023, ruling that failure to issue a show cause notice (SCN) within a reasonable time violated statutory procedure.
FeaturedSupreme Court dismisses customs appeals involving ₹1.29 crore dispute, citing updated ₹2 crore monetary threshold under CBIC circular.
FeaturedDelhi HC upheld appropriation of voluntary customs payments for earlier imports where liability was admitted.
FeaturedIn a key ruling, CESTAT Kolkata has quashed a penalty imposed under Section 112(a)(ii) after the principal customs allegations against the importer were found lacking. This case underscores the importance of solid legal grounds for imposing penalties.
FeaturedThe CBIC mandates that Customs zones appoint senior officers for expedited clearance of pollution response equipment, enhancing India's readiness for marine pollution incidents.
CAAR Mumbai rules bulk drugs and APIs qualify for 5% IGST under Notification No. 01/2017-Integrated Tax (Rate). Clarifies tax rate for critical pharmaceutical imports.