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...
Refund of excess paid customs duty with interest from the date of deposit till the date of refund was rejected on the ground that NIC did not confirm integration of payments. The Tribunal held that the issue involved granting interest by the Commissioner (Appeals) from the deposit date till the refund date at the prescribed rate. The respondent calculated the interest at 12%, amounting to Rs.7,89,678/- and Rs.13,590/- in the respective appeals. The Tribunal referred to its Division Bench order in COMMISSIONER OF CUSTOMS ICD PATPARGANJ & OTHER ICDS VERSUS VSM IMPEX PVT. LTD., which rejected 26 appeals filed by the Revenue under the National Litigation Policy, citing CBIC instructions dated 02.11.2023. Consequently, the present two appeals were dismissed without examining the merits, being non-maintainable under the CBIC instructions.
Refund of excess paid customs duty with interest from the date of deposit till the date of refund was rejected on the ground that NIC did not confirm integration of payments. The Tribunal held that the issue involved granting interest by the Commissioner (Appeals) from the deposit date till the refund date at the prescribed rate. The respondent calculated the interest at 12%, amounting to Rs.7,89,678/- and Rs.13,590/- in the respective appeals. The Tribunal referred to its Division Bench order in COMMISSIONER OF CUSTOMS ICD PATPARGANJ & OTHER ICDS VERSUS VSM IMPEX PVT. LTD., which rejected 26 appeals filed by the Revenue under the National Litigation Policy, citing CBIC instructions dated 02.11.2023. Consequently, the present two appeals were dismissed without examining the merits, being non-maintainable under the CBIC instructions.
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