Fake-invoice penalties remain available where taxpayer admissions and records establish unsupported input tax credit claims and false GST documentatio...
Works contract classification applies to permanently installed fire-protection systems, while earthwork and obsolete IGST concessions remain unavailab...
Professional fee recovery for GST refund representation succeeds where direct engagement, fee acknowledgement, and authority are established despite c...
Transfer pricing of intra-group support services requires prescribed benchmarking; unsupported nil valuation and alternate business-expense disallowan...
AIFTA preferential tariff treatment for imported silver bangle jewellery is available where a genuine Thai Certificate of Origin certifies origin and Regional Value Content, unless contrary certification is displaced by corroborative evidence. DGFT wastage limits applicable to Indian silver-jewellery manufacturers cannot be applied to a foreign manufacturer. Assumptions, presumptions, or Indian wastage standards cannot justify denial of the preferential tariff. The resulting value enhancement, differential-duty demand, confiscation, redemption fine, and penalties are unsustainable, with consequential relief following.
AIFTA preferential tariff treatment for imported silver bangle jewellery is available where a genuine Thai Certificate of Origin certifies origin and Regional Value Content, unless contrary certification is displaced by corroborative evidence. DGFT wastage limits applicable to Indian silver-jewellery manufacturers cannot be applied to a foreign manufacturer. Assumptions, presumptions, or Indian wastage standards cannot justify denial of the preferential tariff. The resulting value enhancement, differential-duty demand, confiscation, redemption fine, and penalties are unsustainable, with consequential relief following.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
