Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The High Court considered a case regarding the refund of terminal benefits of excise duty for deemed exports u/s Sl.No.511 of N/N.12/2012-cus. The petitioner, a successful bidder for a construction project, argued that deemed exports are entitled to the same benefits as physical exports. The court found that the petitioner was entitled to the Terminal Excise Duty (TED) as per the contract terms, supported by relevant documents. The court held that the petitioner's claim cannot be rejected solely on the grounds that the goods supplied do not qualify as deemed exports. The court quashed the impugned order, ruling in favor of the petitioner.
The High Court considered a case regarding the refund of terminal benefits of excise duty for deemed exports u/s Sl.No.511 of N/N.12/2012-cus. The petitioner, a successful bidder for a construction project, argued that deemed exports are entitled to the same benefits as physical exports. The court found that the petitioner was entitled to the Terminal Excise Duty (TED) as per the contract terms, supported by relevant documents. The court held that the petitioner's claim cannot be rejected solely on the grounds that the goods supplied do not qualify as deemed exports. The court quashed the impugned order, ruling in favor of the petitioner.
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