Limitation in customs appeals permits exclusion for bona fide refund proceedings, enabling restoration of Bill of Entry assessment challenges on merit...
Warehousing permission requires deposit at the designated bonded warehouse; unauthorised diversion triggers confiscation, redemption fine and importer...
Estimating the profit @ 25 % based on the facts that the purchase is tainted - Costlier jewellery items where the profit margins are very thin - the profit in this business if disclosed @ 6 % is desirable - AT
Estimating the profit @ 25 % based on the facts that the purchase is tainted - Costlier jewellery items where the profit margins are very thin - the profit in this business if disclosed @ 6 % is desirable - AT
Note: It is a system-generated summary and is for quick reference only.