Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
Valuation of imported goods - Cement Carrier ship - The Tribunal accepted the value assessed by the Chartered Engineer at Rs. 27 Crores, overturning the adjudicating authority's re-determined value. The court found the inclusion of transportation, insurance, and handling charges unjustifiable, citing legal precedents and the absence of evidence to support such costs for vessel imports. - Consequently, the additional duty demanded based on these charges was set aside.
Valuation of imported goods - Cement Carrier ship - The Tribunal accepted the value assessed by the Chartered Engineer at Rs. 27 Crores, overturning the adjudicating authority's re-determined value. The court found the inclusion of transportation, insurance, and handling charges unjustifiable, citing legal precedents and the absence of evidence to support such costs for vessel imports. - Consequently, the additional duty demanded based on these charges was set aside.
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