Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
Toy balloon tariff classification: functional heading prevails over residual rubber and festive article headings, supporting penalties for deliberate ...
Customs valuation using comparable contemporaneous imports can displace declared value, while missing speaking orders require pursuit before competent...
Foreign customs declarations and importer admissions established undervaluation, supporting sequential value redetermination, differential duty, and m...
Worked mica in the two live consignments was correctly classified under tariff item 68149090 because the test reports and physical examination showed processed mica beyond crude mica or mere rifting, and the differential duty on those consignments was upheld. Test reports from those consignments could not be extrapolated to past consignments without samples or evidence for each Bill of Entry, so the demand on the past 72 consignments was unsustainable. The dispute was held to be one of classification, with no suppression, willful misstatement or collusion shown, so extended limitation under Section 28(4) could not be invoked. As there was no material misdeclaration or false document, confiscation, redemption fine and penalties under Sections 111(m), 112, 114A and 114AA were set aside.
Worked mica in the two live consignments was correctly classified under tariff item 68149090 because the test reports and physical examination showed processed mica beyond crude mica or mere rifting, and the differential duty on those consignments was upheld. Test reports from those consignments could not be extrapolated to past consignments without samples or evidence for each Bill of Entry, so the demand on the past 72 consignments was unsustainable. The dispute was held to be one of classification, with no suppression, willful misstatement or collusion shown, so extended limitation under Section 28(4) could not be invoked. As there was no material misdeclaration or false document, confiscation, redemption fine and penalties under Sections 111(m), 112, 114A and 114AA were set aside.
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