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Bombay High Court Allows Customs Duty Refund for Re-imported Goods Under Section 26(1)(b) of Customs Act, 1962 — Re-importation Within One Year of Export Qualifies for Refund Despite Procedural Lapses

The petitioner, Covestro India Private Limited, exported certain goods for exhibition purposes and subsequently re-imported them. The petitioner paid ...

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Bombay High Court Dismisses Appeals Challenging MPID Act Application in NSEL Scam Case — Held That MPID Act Applies to NSEL as a Financial Establishment and That Default in Repayment of Deposits Attracts Offences Under the Act.

The judgment arises from multiple criminal appeals and interim applications filed by various parties, including directors, brokers, and financial inst...

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High Court of Karnataka Allows Owner's Petition for Interim Custody of Seized Tractor Under Section 457 Cr.P.C. — Rejection by Lower Courts Set Aside. Vehicle Owner Entitled to Release Pending Investigation Subject to Conditions to Prevent Deterioration.

The petitioner, Vithoba S/o Shantappa Prachandi, is the owner of a tractor bearing registration No.KA-28-NT-019388/2016-17, which was seized by the In...

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Bombay High Court Allows Petition in Customs Act Case — Confiscation and Penalties Quashed for Lack of Mens Rea. Imported capital goods released on payment of duty; no deliberate intent to evade duty established under Sections 111(d), 111(f), 112(a), and 125 of Customs Act, 1962.

The petitioners, M/s. Central Cables Limited (a company manufacturing electric wires and cables), its Managing Director Govind Daga, and Purchase Offi...

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High Court of Bombay at Nagpur Allows Restoration of Interim Custody of Seized Vehicle in Wildlife Offence Case. Tractor and Trolly Used for Carrying Wild Pig Flesh Ordered to Be Returned on Conditions Under Sections 9 and 39 of Indian Wild Life (Protection) Act, 1972.

The applicant, Ganeshsing Bisansing Bawari, filed a criminal application before the High Court of Bombay at Nagpur seeking to quash and set aside the ...