Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Preferential customs duty benefit may remain available where revised or rectified Certificates of Origin are submitted within the prescribed period and the goods' origin and certificate authenticity are undisputed. The discussion states that origin rules permit replacement of erroneous certificates and retrospective issuance, and that procedural discrepancies should be read harmoniously with domestic verification requirements rather than extinguish substantive treaty benefits. It also notes that subsequent submission of a valid certificate can cure format-related defects, including under third-party invoicing arrangements, without altering origin, value or goods description. On the stated facts, denial of concessional duty was treated as unsustainable and the related duty demand, interest and penalties were set aside.
Preferential customs duty benefit may remain available where revised or rectified Certificates of Origin are submitted within the prescribed period and the goods' origin and certificate authenticity are undisputed. The discussion states that origin rules permit replacement of erroneous certificates and retrospective issuance, and that procedural discrepancies should be read harmoniously with domestic verification requirements rather than extinguish substantive treaty benefits. It also notes that subsequent submission of a valid certificate can cure format-related defects, including under third-party invoicing arrangements, without altering origin, value or goods description. On the stated facts, denial of concessional duty was treated as unsustainable and the related duty demand, interest and penalties were set aside.
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