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International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Absolute Confiscation of the seized gold and foreign currency - Prohibited item or not - Baggage Rules - The appellant claimed that he was misdirected at the airport and was not given a chance to declare his goods properly. He alleged mistreatment by the officers - The Tribunal found that absolute confiscation of the gold chains was not legally correct, as gold is not a prohibited item and can be imported under certain conditions. - Tribunal set aside the order of absolute confiscation and allowed the appellant to redeem the gold chains on payment of a redemption fine.
Absolute Confiscation of the seized gold and foreign currency - Prohibited item or not - Baggage Rules - The appellant claimed that he was misdirected at the airport and was not given a chance to declare his goods properly. He alleged mistreatment by the officers - The Tribunal found that absolute confiscation of the gold chains was not legally correct, as gold is not a prohibited item and can be imported under certain conditions. - Tribunal set aside the order of absolute confiscation and allowed the appellant to redeem the gold chains on payment of a redemption fine.
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