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...
The High Court addressed the validity of a bank attachment notice for overdue interest and tax liabilities. The petitioner discharged the tax liability belatedly, leading to interest liability. The court acknowledged the petitioner's payment towards interest and tax liabilities. It directed the petitioner to pay Rs.10,00,000 by 15.04.2024 towards outstanding interest, with the remaining amount in 11 monthly installments. Upon receipt of the initial sum, the bank attachment and garnishee notices were to be withdrawn. Failure to comply could result in fresh attachment orders u/s relevant laws. The petition was disposed of accordingly.
The High Court addressed the validity of a bank attachment notice for overdue interest and tax liabilities. The petitioner discharged the tax liability belatedly, leading to interest liability. The court acknowledged the petitioner's payment towards interest and tax liabilities. It directed the petitioner to pay Rs.10,00,000 by 15.04.2024 towards outstanding interest, with the remaining amount in 11 monthly installments. Upon receipt of the initial sum, the bank attachment and garnishee notices were to be withdrawn. Failure to comply could result in fresh attachment orders u/s relevant laws. The petition was disposed of accordingly.
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