Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Imported goods meant for warehousing in SEZ unit are eligible for relaxation from security demanded in provisional release order for re-export. Re-export of imported goods into SEZ is not subject to customs or excise duty levy, irrespective of any alleged offense. In cases of re-export, redemption fine was set aside and minimal penalty imposed, as per precedents. SEZ operations governed by SEZ Act and Customs Act, hence no mala fide intention to evade duty can be expected. Bond for total value of goods sufficient for releasing seized goods for re-export. Judgments cited by revenue not applicable to SEZ unit or warehouse. Observation limited to provisional release for re-export only, not influencing adjudication under show cause notice.
Imported goods meant for warehousing in SEZ unit are eligible for relaxation from security demanded in provisional release order for re-export. Re-export of imported goods into SEZ is not subject to customs or excise duty levy, irrespective of any alleged offense. In cases of re-export, redemption fine was set aside and minimal penalty imposed, as per precedents. SEZ operations governed by SEZ Act and Customs Act, hence no mala fide intention to evade duty can be expected. Bond for total value of goods sufficient for releasing seized goods for re-export. Judgments cited by revenue not applicable to SEZ unit or warehouse. Observation limited to provisional release for re-export only, not influencing adjudication under show cause notice.
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