Transfer pricing comparables and adjustments: Tribunal revisits loss-maker status, segmental comparability, working capital relief, and risk allocatio...
Business expenditure disallowance failed where commission, related-party salary and promotion payments were supported by records and inquiry was inade...
Appeals concerning anti-dumping duty and customs valuation fall outside the High Court's appellate jurisdiction under section 130 where they relate to the rate of duty or value of goods for assessment. Questions regarding anti-dumping duty and rejection or redetermination of declared import values must instead be pursued before the Supreme Court under section 130E of the Customs Act, 1962. The departmental appeal was therefore dismissed for want of jurisdiction, with liberty to use the statutory remedy before the Supreme Court.
Appeals concerning anti-dumping duty and customs valuation fall outside the High Court's appellate jurisdiction under section 130 where they relate to the rate of duty or value of goods for assessment. Questions regarding anti-dumping duty and rejection or redetermination of declared import values must instead be pursued before the Supreme Court under section 130E of the Customs Act, 1962. The departmental appeal was therefore dismissed for want of jurisdiction, with liberty to use the statutory remedy before the Supreme Court.
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