Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
DFIA scheme - exemption from basic customs duty and additional customs duty - introduction of new condition by way of amendment - The tribunal held that, the amendment couldn't be applied retrospectively to imports cleared before its introduction. Since some of the appellant's imports fell into this period, the demand for duty and penalties based on the new condition was invalid. - The CESTAT found no evidence of fraud, misrepresentation, or deliberate evasion of duty by the appellant. The failure to fulfill the new condition was considered a procedural violation, not a misdeclaration.
DFIA scheme - exemption from basic customs duty and additional customs duty - introduction of new condition by way of amendment - The tribunal held that, the amendment couldn't be applied retrospectively to imports cleared before its introduction. Since some of the appellant's imports fell into this period, the demand for duty and penalties based on the new condition was invalid. - The CESTAT found no evidence of fraud, misrepresentation, or deliberate evasion of duty by the appellant. The failure to fulfill the new condition was considered a procedural violation, not a misdeclaration.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
