Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Section 179 proceedings against directors require both a reasonable opportunity to reply and foundational allegations in the notice itself. The text explains that where the notice allowed only about two days to respond, the proceedings failed for breach of natural justice and the resulting order and demand were quashed. It also states that if the company is asserted to be a public limited company, the notice must set out facts showing why it should nevertheless be treated as closely held or why the corporate veil should be lifted, including any allegation of an oblique motive to defraud the revenue. Fresh notice and reconsideration were permitted.
Section 179 proceedings against directors require both a reasonable opportunity to reply and foundational allegations in the notice itself. The text explains that where the notice allowed only about two days to respond, the proceedings failed for breach of natural justice and the resulting order and demand were quashed. It also states that if the company is asserted to be a public limited company, the notice must set out facts showing why it should nevertheless be treated as closely held or why the corporate veil should be lifted, including any allegation of an oblique motive to defraud the revenue. Fresh notice and reconsideration were permitted.
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