Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
State GST officers are authorised under section 4 of the IGST Act to act as proper officers for IGST purposes, including detention and confiscation of goods in inter-State transit. A further Central Government notification is required only to prescribe exceptions or conditions, not for the general conferment of authority; a State Commissioner may validly allocate those functions under the State GST law. By the deeming effect of sections 4 and 20 of the IGST Act, confiscation orders issued by State proper officers are appealable under the State GST Act. The restriction on appeals to Central GST officers does not bar an appeal to the State appellate authority.
State GST officers are authorised under section 4 of the IGST Act to act as proper officers for IGST purposes, including detention and confiscation of goods in inter-State transit. A further Central Government notification is required only to prescribe exceptions or conditions, not for the general conferment of authority; a State Commissioner may validly allocate those functions under the State GST law. By the deeming effect of sections 4 and 20 of the IGST Act, confiscation orders issued by State proper officers are appealable under the State GST Act. The restriction on appeals to Central GST officers does not bar an appeal to the State appellate authority.
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