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Supreme Court Allows Appeal in Customs Prosecution for Export of Antiquities — Prosecution Under Customs Act Not Barred by Antiquities and Art Treasures Act, 1972. Held that the Customs Act, 1962 applies alongside the Antiquities Act, and prosecution under Sections 132 and 135 is maintainable.

The appeal arose from a judgment of the Delhi High Court upholding the discharge of the respondent, Sharad Gandhi, from offences under Sections 132 an...

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Madras High Court Allows Writ Petitions Challenging Customs Duty Demand on Vessels Imported Prior to Notification. Condition No.82 of Notification 12/2012-Cus. Cannot Be Applied Retrospectively to Vessels Imported Before Its Effective Date.

The petitioner, The Great Eastern Shipping Company Ltd., imported two vessels, 'Jag Rishi' and 'Jag Rahul', prior to 17.03.2012. On 17.03.2012, the Ce...

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Supreme Court Dismisses Appeal in Duty Drawback Interest Case, Upholding High Court's Award of Interest for Delayed Refund. Clarificatory Circulars Under Exim Policy Have Retrospective Effect, Making Contractor Eligible for Duty Drawback and Interest Under Sections 27A and 75A of Customs Act, 1962.

The dispute arose from the respondent's claim for duty drawback under the deemed export scheme for civil construction work in the Koyna Hydro Electric...

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Supreme Court Quashes Confiscation of Imported Silver Dollars Under Land Customs Act and Other Laws Holding Seizure and Finding of Offences Unjustified. Verdict Rests on Interpretation of Section 5(3) Land Customs Act, 1924, and Absence of Any Evidence of Smuggling or Illegal Import.

The appellant, a trading company, imported 1,65,000 Chinese silver dollars from Tibet into India via Sikkim State under two Reserve Bank import licenc...

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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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Madras High Court Examines Whether Settlement Commission Erred in Not Considering Export Performance During Extended Period in EPCG Duty Case. Appellant Sought Recalculation of Customs Duty Based on 30% Export Obligation Achieved, Arguing That One-Year Extension Was Not Properly Accounted.

The appellant, M/s. Asianet Satellite Communication Limited, a service provider in television network, imported cable TV equipment valued at Rs.6,14,3...