Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
Misdeclaration in customs classification led to denial of exemption and confirmation of differential duty, which was sustained because the importer accepted that the notification benefit was not available. However, once the importer paid the differential duty, interest and the prescribed 15% penalty and informed the department, the proceedings attained finality under section 28(6); no further penalty beyond that limit and no redemption fine could be imposed. The appeal was partly allowed on that basis.
Misdeclaration in customs classification led to denial of exemption and confirmation of differential duty, which was sustained because the importer accepted that the notification benefit was not available. However, once the importer paid the differential duty, interest and the prescribed 15% penalty and informed the department, the proceedings attained finality under section 28(6); no further penalty beyond that limit and no redemption fine could be imposed. The appeal was partly allowed on that basis.
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