Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
The CESTAT rejected the Chartered Engineer's certificate and value determination for the imported goods, holding that the Engineer failed to justify the quality differences and provide details on suppliers/manufacturers for comparison. The Tribunal directed reassessment of value based on contemporaneous import/NIDB data or sequential Valuation Rules after providing relevant documents to the Appellant. The penalties imposed on the three Appellants u/ss 112, 114A, and 114AA were set aside. The issue of penalty and redemption fine was remanded for fresh consideration.
The CESTAT rejected the Chartered Engineer's certificate and value determination for the imported goods, holding that the Engineer failed to justify the quality differences and provide details on suppliers/manufacturers for comparison. The Tribunal directed reassessment of value based on contemporaneous import/NIDB data or sequential Valuation Rules after providing relevant documents to the Appellant. The penalties imposed on the three Appellants u/ss 112, 114A, and 114AA were set aside. The issue of penalty and redemption fine was remanded for fresh consideration.
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