Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Under-valuation of imported goods - Ball Valves and Bibcock - the price quoted in a proforma invoice cannot be held as the actual prices since the price of goods are settled after negotiation between the two parties - The revenue has not produced any document to prove that there was any extra payment made by the appellant towards purchase of the said goods.
Under-valuation of imported goods - Ball Valves and Bibcock - the price quoted in a proforma invoice cannot be held as the actual prices since the price of goods are settled after negotiation between the two parties - The revenue has not produced any document to prove that there was any extra payment made by the appellant towards purchase of the said goods.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
