Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Valuation of imported goods - inclusion of royalty in the invoice value - The Appellate Tribunal finds that the direction to modify the order and include royalty in the invoice value of imported goods lacks legal basis. The Tribunal observes that there was no notice issued under the Customs Act for recovery of duty based on the addition of royalty to the declared value. As such, the Tribunal concludes that the direction to modify the order is beyond the jurisdiction of the reviewing authority. The tribunal finds that the SVB is not empowered to assess duties or recovery subsequent to clearance for home consumption. - The Tribunal emphasizes the premature nature of the appeal before the first appellate authority and restores the appeal for proper disposal.
Valuation of imported goods - inclusion of royalty in the invoice value - The Appellate Tribunal finds that the direction to modify the order and include royalty in the invoice value of imported goods lacks legal basis. The Tribunal observes that there was no notice issued under the Customs Act for recovery of duty based on the addition of royalty to the declared value. As such, the Tribunal concludes that the direction to modify the order is beyond the jurisdiction of the reviewing authority. The tribunal finds that the SVB is not empowered to assess duties or recovery subsequent to clearance for home consumption. - The Tribunal emphasizes the premature nature of the appeal before the first appellate authority and restores the appeal for proper disposal.
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