Business expenditure and depreciation rules allow operational outgoings while limiting disallowances for personal elements and unsupported third-party...
Compromise-and-arrangement extensions may accommodate debt assignment where creditor commercial judgment supports value maximisation and avoids proced...
Delayed-payment surcharge is not taxable tolerance consideration where it penalises default, while meter testing follows electricity distribution trea...
Sufficient cause for delayed revenue income-tax appeals requires bona fides, due diligence and a credible explanation; otherwise limitation bars appea...
Inverted-duty-structure refunds remain available for unchanged-rate apparel supplies despite trader status and require tax-period-specific computation...
Page of 4881
Press 'Enter' after typing page number.
781 to 800 of 97618 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Target Plus Scheme requires a broad nexus, not a strict product-to-product nexus, between duty-free imported inputs and exports within the product group specified in the duty credit certificate. Continuous cast copper rods could therefore be imported duty-free where linked to the Engineering Products group, but not merely because they bore nexus to one of several groups covered by a certificate. Extended limitation and customs penalties require intent to evade duty through fraud, collusion, wilful misstatement or suppression. Policy ambiguity, a bona fide exemption understanding, valid uncancelled certificates, and export documents already held in Customs records precluded such findings. The duty demand and consequential penalties were set aside.
Target Plus Scheme requires a broad nexus, not a strict product-to-product nexus, between duty-free imported inputs and exports within the product group specified in the duty credit certificate. Continuous cast copper rods could therefore be imported duty-free where linked to the Engineering Products group, but not merely because they bore nexus to one of several groups covered by a certificate. Extended limitation and customs penalties require intent to evade duty through fraud, collusion, wilful misstatement or suppression. Policy ambiguity, a bona fide exemption understanding, valid uncancelled certificates, and export documents already held in Customs records precluded such findings. The duty demand and consequential penalties were set aside.
Note: It is a system-generated summary and is for quick reference only.