Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
Captive power transfer pricing and non-resident export commission rules support deletion of adjustments and withholding disallowance in discussed proc...
Page of 4782
Press 'Enter' after typing page number.
401 to 420 of 95636 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
A CESTAT decision states that an importer's letter foregoing SAFTA preferential duty, given while goods were detained and demurrage accrued, was not a voluntary relinquishment under section 28DA(4) and did not bar challenge to reassessment. It further states that a valid, undisputed Bangladesh certificate of origin established entitlement to concessional duty where the prescribed SAFTA verification procedure was not invoked. As no physical mismatch, misdeclaration or fraud was found, the decision records that the differential duty demand, confiscation, redemption fine and penalty were set aside with consequential relief.
A CESTAT decision states that an importer's letter foregoing SAFTA preferential duty, given while goods were detained and demurrage accrued, was not a voluntary relinquishment under section 28DA(4) and did not bar challenge to reassessment. It further states that a valid, undisputed Bangladesh certificate of origin established entitlement to concessional duty where the prescribed SAFTA verification procedure was not invoked. As no physical mismatch, misdeclaration or fraud was found, the decision records that the differential duty demand, confiscation, redemption fine and penalty were set aside with consequential relief.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
