Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Remission of Central Excise Duty - The tribunal found Rule 21 inapplicable, as it pertains to goods lost or destroyed before clearance from the factory, not to loss of production capacity. - It was held that the appellant could not claim abatement for non-production under Rule 8, as the factory's closure did not meet the minimum period stipulated for such abatement. - The tribunal dismissed the argument of unjust enrichment by referencing the Supreme Court's stance that refund claims based on taxes paid under an unconstitutional law are not unconditional and highlighted that the concept of unjust enrichment does not apply straightforwardly to the state in cases of tax collection and refund.
Remission of Central Excise Duty - The tribunal found Rule 21 inapplicable, as it pertains to goods lost or destroyed before clearance from the factory, not to loss of production capacity. - It was held that the appellant could not claim abatement for non-production under Rule 8, as the factory's closure did not meet the minimum period stipulated for such abatement. - The tribunal dismissed the argument of unjust enrichment by referencing the Supreme Court's stance that refund claims based on taxes paid under an unconstitutional law are not unconditional and highlighted that the concept of unjust enrichment does not apply straightforwardly to the state in cases of tax collection and refund.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
