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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Proposals for suo-moto audit or scrutiny under the HGST Act, 2017 must state clear, specific and duly justified reasons, supported by available records, intelligence inputs, data analysis or another verifiable information source. Each proposal must also specify the tentative quantum of tax evasion. The concerned DETC must first examine and recommend the proposal, after which the case file must be sent to the Joint Excise and Taxation Commissioner (Range) for necessary approval. Field formations must comply strictly; suo-moto action initiated without this prescribed process will be viewed seriously.
Proposals for suo-moto audit or scrutiny under the HGST Act, 2017 must state clear, specific and duly justified reasons, supported by available records, intelligence inputs, data analysis or another verifiable information source. Each proposal must also specify the tentative quantum of tax evasion. The concerned DETC must first examine and recommend the proposal, after which the case file must be sent to the Joint Excise and Taxation Commissioner (Range) for necessary approval. Field formations must comply strictly; suo-moto action initiated without this prescribed process will be viewed seriously.
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