Blocked input tax credit for resort construction remains unavailable; interest follows actual utilisation, while delayed payment attracts statutory pe...
Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
Extended limitation for recovering wrongly exempted Special Additional Duty was sustained where, following amendment of the relevant Schedule, the exemption was unavailable and RMS-facilitated imports were cleared on the importer's declaration. The Special Additional Duty demand and its appropriation consequently remained valid. Interest under Section 28AA and penalty under Section 114A on the confirmed duty demand were unsustainable under affirmed precedent and subsequent consistent Tribunal decisions, and were set aside. The modified order retained duty recovery while removing interest and penalty, with consequential relief in accordance with law.
Extended limitation for recovering wrongly exempted Special Additional Duty was sustained where, following amendment of the relevant Schedule, the exemption was unavailable and RMS-facilitated imports were cleared on the importer's declaration. The Special Additional Duty demand and its appropriation consequently remained valid. Interest under Section 28AA and penalty under Section 114A on the confirmed duty demand were unsustainable under affirmed precedent and subsequent consistent Tribunal decisions, and were set aside. The modified order retained duty recovery while removing interest and penalty, with consequential relief in accordance with law.
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TaxTMI 
TaxTMI 
of 4886 
