Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Penalty u/s 271(1)(b) - Non-compliance with a notice issued u/s 142(1) - The Tribunal noted that in a previous round of proceedings, a penalty under section 271(1)(b) of the Act had been deleted by the Tribunal, indicating a precedent in favor of the appellant. Considering the circumstances, including the quashing of the assessment order by the High Court in the second round of proceedings, the Tribunal found that the penalty imposed in connection with those proceedings was untenable.
Penalty u/s 271(1)(b) - Non-compliance with a notice issued u/s 142(1) - The Tribunal noted that in a previous round of proceedings, a penalty under section 271(1)(b) of the Act had been deleted by the Tribunal, indicating a precedent in favor of the appellant. Considering the circumstances, including the quashing of the assessment order by the High Court in the second round of proceedings, the Tribunal found that the penalty imposed in connection with those proceedings was untenable.
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