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...
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Penalty under section 271D requires the Assessing Officer to record jurisdictional satisfaction during assessment proceedings; without that satisfaction, the Joint Commissioner cannot independently initiate penalty proceedings after dropping proceedings under section 271DA, rendering the penalty without jurisdiction. The notes also explain that penalties under sections 271D and 271E remain subject to the prescribed limitation period. Where the limitation period expired before fresh proceedings were initiated, the subsequent penalty proceedings were time-barred. Accordingly, the penalties described in the source were deleted on the independent grounds of absent jurisdictional satisfaction and limitation.
Penalty under section 271D requires the Assessing Officer to record jurisdictional satisfaction during assessment proceedings; without that satisfaction, the Joint Commissioner cannot independently initiate penalty proceedings after dropping proceedings under section 271DA, rendering the penalty without jurisdiction. The notes also explain that penalties under sections 271D and 271E remain subject to the prescribed limitation period. Where the limitation period expired before fresh proceedings were initiated, the subsequent penalty proceedings were time-barred. Accordingly, the penalties described in the source were deleted on the independent grounds of absent jurisdictional satisfaction and limitation.
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