Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Late fee for delayed supplementary Bills of Entry may be waived where the original Bills of Entry were filed on time and the excess cargo later found during draft survey formed part of the same consignments. The levy is not to be imposed mechanically; the proper officer may waive it for sufficient cause under the statutory scheme. Board guidelines and departmental SOP require a judicious approach, and where the importer's bona fides are not in doubt, the late fee is unwarranted.
Late fee for delayed supplementary Bills of Entry may be waived where the original Bills of Entry were filed on time and the excess cargo later found during draft survey formed part of the same consignments. The levy is not to be imposed mechanically; the proper officer may waive it for sufficient cause under the statutory scheme. Board guidelines and departmental SOP require a judicious approach, and where the importer's bona fides are not in doubt, the late fee is unwarranted.
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