Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
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Reasonable cause was established for cash receipts from farmers and subsequent cash repayments connected with a proposed agricultural-land purchase that could not be completed after the purchaser's father died. Bank records, the death certificate, affidavits and farmers' land records supported the explanation that the amounts were returned after six months. Penalties for contraventions of the statutory restrictions on accepting and repaying loans or deposits in cash were deleted, and the penalty orders were set aside.
Reasonable cause was established for cash receipts from farmers and subsequent cash repayments connected with a proposed agricultural-land purchase that could not be completed after the purchaser's father died. Bank records, the death certificate, affidavits and farmers' land records supported the explanation that the amounts were returned after six months. Penalties for contraventions of the statutory restrictions on accepting and repaying loans or deposits in cash were deleted, and the penalty orders were set aside.
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