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...
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Refund claim for interest paid along with IGST was rejected due to non-fulfillment of pre-import conditions for goods imported under Advance Authorizations. Initially, IGST exemption was wrongly availed, but payment was made later. The pre-import condition in the notification was upheld as valid by the Supreme Court. The appellant admitted to not fulfilling the pre-import conditions, rendering them ineligible for IGST exemption. The interest liability on delayed IGST payment was automatic. The Bombay High Court's decision on interest refund for additional customs duty did not apply to IGST. The CESTAT dismissed the appeal, concluding that the refund claim for interest paid along with IGST was rightly rejected.
Refund claim for interest paid along with IGST was rejected due to non-fulfillment of pre-import conditions for goods imported under Advance Authorizations. Initially, IGST exemption was wrongly availed, but payment was made later. The pre-import condition in the notification was upheld as valid by the Supreme Court. The appellant admitted to not fulfilling the pre-import conditions, rendering them ineligible for IGST exemption. The interest liability on delayed IGST payment was automatic. The Bombay High Court's decision on interest refund for additional customs duty did not apply to IGST. The CESTAT dismissed the appeal, concluding that the refund claim for interest paid along with IGST was rightly rejected.
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