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...
Levy of imposed u/s 114A - Classification of imported goods - import of Shell Flavex Oil 595 B/H - item being Plasticizer - The Appellate Tribunal recognized the bona fide belief of the appellant in classifying the imported goods under CTH 38122090 as plasticizer, given that the tariff entry included the compound "Plasticizer." Furthermore, it noted that this classification was consistent across all Indian ports and was also accepted by the department. The appellant had not contested the duty liability and had paid the entire amount along with interest before the issuance of the show cause notice. - The Tribunal concluded that the appellant's actions did not meet the criteria for penalty imposition under this section. There was no evidence of suppression of fact, collusion, or willful misstatement on the part of the appellant.
Levy of imposed u/s 114A - Classification of imported goods - import of Shell Flavex Oil 595 B/H - item being Plasticizer - The Appellate Tribunal recognized the bona fide belief of the appellant in classifying the imported goods under CTH 38122090 as plasticizer, given that the tariff entry included the compound "Plasticizer." Furthermore, it noted that this classification was consistent across all Indian ports and was also accepted by the department. The appellant had not contested the duty liability and had paid the entire amount along with interest before the issuance of the show cause notice. - The Tribunal concluded that the appellant's actions did not meet the criteria for penalty imposition under this section. There was no evidence of suppression of fact, collusion, or willful misstatement on the part of the appellant.
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