Transfer-pricing reimbursement adjustments require uncontrolled comparables and cannot become expense-genuineness reviews, resulting in deletion of th...
Food import sampling requirements support provisional release where unseized consignments conform to standards and raw areca classification is unestab...
Diagnostic microcuvette classification follows sole-use analytical function, placing specialised disposable cuvettes with their analyser rather than g...
Section 129(3)'s seven-day deadline for issuing notice after detention of goods and conveyance under GST is mandatory. The timeline limits coercive detention and seizure powers, protects against arbitrary or prolonged detention, and requires strict compliance because the provision uses "shall" and affects taxpayer rights. A delay of even one day in issuing the notice vitiates the resulting detention and penalty proceedings. Penalty orders issued or affirmed despite breach of this timeline are liable to be set aside, without preventing other proceedings permissible under the Act. Deposited penalty may be released following due verification.
Section 129(3)'s seven-day deadline for issuing notice after detention of goods and conveyance under GST is mandatory. The timeline limits coercive detention and seizure powers, protects against arbitrary or prolonged detention, and requires strict compliance because the provision uses "shall" and affects taxpayer rights. A delay of even one day in issuing the notice vitiates the resulting detention and penalty proceedings. Penalty orders issued or affirmed despite breach of this timeline are liable to be set aside, without preventing other proceedings permissible under the Act. Deposited penalty may be released following due verification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4884 
