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Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
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Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
CESTAT address the issue of revision in duty liability of 'antenna' regarding assessable value under Customs Valuation Rules. The tribunal found flaws in the investigation and evidence, questioning the use of 'relationship influencing price' for valuation. The tribunal criticized the rejection of declared value as 'transaction value', not aligning with Customs Act and Valuation Rules. Emphasized the importance of proper valuation methods and adherence to rules. The order was set aside for non-compliance with the law, remanding the case for fresh assessment with detailed scrutiny and consideration of all issues. Show cause notice must align with valuation rules for lawful adjudication.
CESTAT address the issue of revision in duty liability of 'antenna' regarding assessable value under Customs Valuation Rules. The tribunal found flaws in the investigation and evidence, questioning the use of 'relationship influencing price' for valuation. The tribunal criticized the rejection of declared value as 'transaction value', not aligning with Customs Act and Valuation Rules. Emphasized the importance of proper valuation methods and adherence to rules. The order was set aside for non-compliance with the law, remanding the case for fresh assessment with detailed scrutiny and consideration of all issues. Show cause notice must align with valuation rules for lawful adjudication.
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