Customs valuation of used garments requires comparability proof, while restricted imports without a licence justify proportionate confiscation and pen...
ICDS - If the assessee is following mercantile system of accounting for his manufacturing business and cash system of accounting for his commission agency business, then ICDS would then apply only to the manufacturing business, and not to the commission agency business
ICDS - If the assessee is following mercantile system of accounting for his manufacturing business and cash system of accounting for his commission agency business, then ICDS would then apply only to the manufacturing business, and not to the commission agency business
Note: It is a system-generated summary and is for quick reference only.