Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Misdeclaration regarding description and quantity of imported goods admitted. Declared goods liable for confiscation due to misdeclaration. Proper investigation not conducted to determine actual transaction value. No admissible evidence for contemporaneous imports. Declared value accepted for declared goods. Appellant failed to furnish evidence for value of excess 140 cartons. Assessable value of excess cartons upheld at Rs.3,56,510/-. Redemption fine reduced to Rs.35,000/- and penalty to Rs.20,000/-. Appeal partly allowed.
Misdeclaration regarding description and quantity of imported goods admitted. Declared goods liable for confiscation due to misdeclaration. Proper investigation not conducted to determine actual transaction value. No admissible evidence for contemporaneous imports. Declared value accepted for declared goods. Appellant failed to furnish evidence for value of excess 140 cartons. Assessable value of excess cartons upheld at Rs.3,56,510/-. Redemption fine reduced to Rs.35,000/- and penalty to Rs.20,000/-. Appeal partly allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
