Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
Classification of goods - The petitioner alleges that the show cause notices were issued with a pre-determined notion regarding the classification of goods, thereby raising concerns about the fairness of the assessment process. - The High court notes the conflicting interpretations regarding the classification of goods and the reliance on HSN Explanatory Notes and legal precedents. - The court directs the petitioner to respond to the show cause notices, emphasizing the assessing officer's obligation to consider the petitioner's submissions and provide a reasonable opportunity for a personal hearing.
Classification of goods - The petitioner alleges that the show cause notices were issued with a pre-determined notion regarding the classification of goods, thereby raising concerns about the fairness of the assessment process. - The High court notes the conflicting interpretations regarding the classification of goods and the reliance on HSN Explanatory Notes and legal precedents. - The court directs the petitioner to respond to the show cause notices, emphasizing the assessing officer's obligation to consider the petitioner's submissions and provide a reasonable opportunity for a personal hearing.
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