Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
Countervailing duty is imposed on textured tempered glass originating in or exported from Malaysia, after the designated authority found that removal of duty would likely lead to continued or renewed subsidisation and injury to the domestic industry. The notification supersedes Notification No. 3/2021-Customs (CVD), but protects acts done or omitted before supersession. Different duty rates apply for specified Malaysian producers and for other producers or country combinations, subject to proof through a valid commercial invoice declaration; otherwise, the residual rate applies. The duty is leviable for five years from publication, subject to earlier revocation, supersession or amendment.
Countervailing duty is imposed on textured tempered glass originating in or exported from Malaysia, after the designated authority found that removal of duty would likely lead to continued or renewed subsidisation and injury to the domestic industry. The notification supersedes Notification No. 3/2021-Customs (CVD), but protects acts done or omitted before supersession. Different duty rates apply for specified Malaysian producers and for other producers or country combinations, subject to proof through a valid commercial invoice declaration; otherwise, the residual rate applies. The duty is leviable for five years from publication, subject to earlier revocation, supersession or amendment.
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