Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
Terminal gate verification for transshipment containers shifts to operators, while Customs controls and discrepancy reporting requirements remain mand...
Addition u/s 40A(2) - expenditure is excessive or unreasonable having regard to the FMV of the goods, services or facilities - the assessee and Nimbus in negotiations with BCCI agreed neither to refund for the cancelled match nor to charge for the additional match - difference in fee did not prevent the parties from agreeing to fresh contract as to how to adjust the revenue proceeds - no addition
Addition u/s 40A(2) - expenditure is excessive or unreasonable having regard to the FMV of the goods, services or facilities - the assessee and Nimbus in negotiations with BCCI agreed neither to refund for the cancelled match nor to charge for the additional match - difference in fee did not prevent the parties from agreeing to fresh contract as to how to adjust the revenue proceeds - no addition
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