Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
ADD on Aluminium Road Wheels imported from China PR. - Notification No. 07/2024-Customs (ADD), issued by the Ministry of Finance, Department of Revenue on 15th March 2024, addresses the imposition of anti-dumping duties on imports of cast aluminium alloy wheels or alloy road wheels used in motor vehicles, originating from or exported by China PR. This measure, derived from a thorough review conducted by the designated authority, underscores the continued dumping of these goods into India at below-normal prices, causing injury to the domestic industry.
ADD on Aluminium Road Wheels imported from China PR. - Notification No. 07/2024-Customs (ADD), issued by the Ministry of Finance, Department of Revenue on 15th March 2024, addresses the imposition of anti-dumping duties on imports of cast aluminium alloy wheels or alloy road wheels used in motor vehicles, originating from or exported by China PR. This measure, derived from a thorough review conducted by the designated authority, underscores the continued dumping of these goods into India at below-normal prices, causing injury to the domestic industry.
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