Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Imported goods found in excess of the declared quantity may not justify confiscation or penalty where the supplier's invoice and packing list support the declaration and no evidence shows that the importer ordered or deliberately suppressed the excess goods. Valuation enhancement should rest on a specified Customs Valuation Rules, 2007 basis or identifiable contemporaneous data for identical goods. Redemption fine requires determination of market price and margin of profit; without those findings, the fine is not sustainable. The notes also indicate that penalty for misdeclaration requires established evidence of misdeclaration.
Imported goods found in excess of the declared quantity may not justify confiscation or penalty where the supplier's invoice and packing list support the declaration and no evidence shows that the importer ordered or deliberately suppressed the excess goods. Valuation enhancement should rest on a specified Customs Valuation Rules, 2007 basis or identifiable contemporaneous data for identical goods. Redemption fine requires determination of market price and margin of profit; without those findings, the fine is not sustainable. The notes also indicate that penalty for misdeclaration requires established evidence of misdeclaration.
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