PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
The Appellate Tribunal (CESTAT) considered a case involving undervaluation of imported engineering goods, specifically 9000 Nos. spares of water filters-75 GPD water pumps. The declared value was rejected, and the value was enhanced based on a DRI alert regarding undervaluation by overseas suppliers. The Tribunal found that the lower authorities did not consider vital documents obtained under RTI, including a CD detailing price workings and contemporary import data. This lack of consideration violated principles of natural justice. The case was remanded to the Adjudicating Authority for reevaluation based on the additional documents obtained, leading to the appeal being allowed through remand.
The Appellate Tribunal (CESTAT) considered a case involving undervaluation of imported engineering goods, specifically 9000 Nos. spares of water filters-75 GPD water pumps. The declared value was rejected, and the value was enhanced based on a DRI alert regarding undervaluation by overseas suppliers. The Tribunal found that the lower authorities did not consider vital documents obtained under RTI, including a CD detailing price workings and contemporary import data. This lack of consideration violated principles of natural justice. The case was remanded to the Adjudicating Authority for reevaluation based on the additional documents obtained, leading to the appeal being allowed through remand.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
