GST payment representations require record-based, reasoned decisions while substantive entitlement remains open for determination by competent authori...
Reassessment sanction under extended limitation required approval from the competent specified authority, invalidating proceedings approved by an inco...
Internal CUP benchmarking for fixed-rate Masala Bonds prevails over floating external comparables, eliminating the related transfer-pricing adjustment...
Jurisdictional validity of revision notices: incorrect official capacity and mere change of opinion invalidate revision of property income assessments...
Customs assayer and valuer empanelment is prescribed for gold, silver, jewellery, precious or synthetic stones, and other valuable articles involved in import, export, seizure or confiscation. Eligible applicants generally require relevant qualifications, valuation experience, supporting references, industry knowledge and a clean professional record, subject to selection-panel discretion. Appointed valuers must be available when required, assist with metal extraction, issue certificates and reports, maintain records, give evidence when called, and comply with prescribed fee limits. They must act independently, avoid conflicts of interest, preserve confidentiality and exercise due care. Wrong valuation, negligence, misconduct or non-disclosure may result in cancellation, removal from the panel and legal action.
Customs assayer and valuer empanelment is prescribed for gold, silver, jewellery, precious or synthetic stones, and other valuable articles involved in import, export, seizure or confiscation. Eligible applicants generally require relevant qualifications, valuation experience, supporting references, industry knowledge and a clean professional record, subject to selection-panel discretion. Appointed valuers must be available when required, assist with metal extraction, issue certificates and reports, maintain records, give evidence when called, and comply with prescribed fee limits. They must act independently, avoid conflicts of interest, preserve confidentiality and exercise due care. Wrong valuation, negligence, misconduct or non-disclosure may result in cancellation, removal from the panel and legal action.
Note: It is a system-generated summary and is for quick reference only.