Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
The Assessing Officer (AO) made an addition to the stock based on a search, relying on statements from the General Manager and Director. The stock update process was detailed, explaining delays in updating due to ongoing search activities. Discrepancies arose as the search team described stock differently from the actual materials. Statements confirmed stock maintenance at the Head Office, not the plant level. The AO solely relied on statements for the addition, misinterpreting the accounting of finished goods. No evidence of unaccounted sales was found, leading to the allowance of the assessee's appeal by the Appellate Tribunal (ITAT).
The Assessing Officer (AO) made an addition to the stock based on a search, relying on statements from the General Manager and Director. The stock update process was detailed, explaining delays in updating due to ongoing search activities. Discrepancies arose as the search team described stock differently from the actual materials. Statements confirmed stock maintenance at the Head Office, not the plant level. The AO solely relied on statements for the addition, misinterpreting the accounting of finished goods. No evidence of unaccounted sales was found, leading to the allowance of the assessee's appeal by the Appellate Tribunal (ITAT).
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