Independent manufacturing undertaking eligibility preserves Section 80IA/80IB deductions, while machinery kept ready for use qualifies for depreciatio...
Assessing Officer Satisfaction Requirement Bars Penalty for Cash Receipt in Immovable-Property Sale Cases Where Initiation Lacks Recorded Satisfaction...
Self-assessed import entries remain appealable, while bona fide classification disputes without misdeclaration cannot justify confiscation or penaltie...
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Customs-duty liability arising from confiscation and redemption is distinct from the original Bill of Entry assessment. Statutory interest, where payable, cannot accrue before that consequential liability is determined in confiscation proceedings, although departmental delay does not by itself eliminate interest. Interest charged from the original assessment until adjudication was therefore unsustainable and requires recomputation from determination of liability, subject to reassessment and payments or appropriations. Limited writ review may remain available despite an appellate remedy where undisputed facts raise only the legal question of the period for consequential-interest computation and do not challenge classification, confiscation, redemption fine, or penalties.
Customs-duty liability arising from confiscation and redemption is distinct from the original Bill of Entry assessment. Statutory interest, where payable, cannot accrue before that consequential liability is determined in confiscation proceedings, although departmental delay does not by itself eliminate interest. Interest charged from the original assessment until adjudication was therefore unsustainable and requires recomputation from determination of liability, subject to reassessment and payments or appropriations. Limited writ review may remain available despite an appellate remedy where undisputed facts raise only the legal question of the period for consequential-interest computation and do not challenge classification, confiscation, redemption fine, or penalties.
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