Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
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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