Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Deduction on account of washout charges - cancellation of expired contract - The permission had been awarded by the RBI, consequent to which only the assessee made the payment to LD Asia. - Claim of deduction allowed.
Deduction on account of washout charges - cancellation of expired contract - The permission had been awarded by the RBI, consequent to which only the assessee made the payment to LD Asia. - Claim of deduction allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4784
Join Channel
TaxTMI 
