Transfer-pricing tolerance for software sub-licensing falls within the services range, eliminating the adjustment and requiring TDS-credit verificatio...
Customs Broker due diligence requires prescribed KYC, not detecting misdeclarations discoverable only through physical examination, defeating licence ...
E-filing system failure permits exclusion of affected time in insolvency appeals, preventing tribunal technology defects from defeating timely filings...
Pre-existing disputes over outcome-based professional fees can bar Section 9 insolvency proceedings where contractual entitlement requires investigati...
Corresponding scheduled offences preserve money-laundering jurisdiction despite repeal of the central corruption provision where conduct remains cover...
Advance Authorisation IGST exemption remains subject to the pre-import condition; later fulfilment of export obligation or issuance of EODCs does not erase an established breach. Imports breaching that condition must instead be regularised under the prescribed procedure, with EODCs and redemption certificates relevant to liability. IGST breach must be quantified Bill of Entry-wise and raw material-wise by correlating imports, exports and chronology, while accounting for permitted clubbing of authorisations. The IGST demand requires fresh quantification on that basis. For the relevant period, recovery provisions did not independently authorise interest, confiscation, redemption fine or penalty for the IGST liability; those consequential liabilities were set aside, including interest on re-quantified IGST.
Advance Authorisation IGST exemption remains subject to the pre-import condition; later fulfilment of export obligation or issuance of EODCs does not erase an established breach. Imports breaching that condition must instead be regularised under the prescribed procedure, with EODCs and redemption certificates relevant to liability. IGST breach must be quantified Bill of Entry-wise and raw material-wise by correlating imports, exports and chronology, while accounting for permitted clubbing of authorisations. The IGST demand requires fresh quantification on that basis. For the relevant period, recovery provisions did not independently authorise interest, confiscation, redemption fine or penalty for the IGST liability; those consequential liabilities were set aside, including interest on re-quantified IGST.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4886 
