Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
The CESTAT held that interest on differential duty is a statutory liability arising from the date of removal of goods, irrespective of when the differential duty is paid. The interest serves as compensation for the delay in payment of the duty due. The appeal was dismissed, upholding the levy of interest on differential duty paid before finalization of provisional assessment u/r 7(4) of Central Excise Rules, 2002.
The CESTAT held that interest on differential duty is a statutory liability arising from the date of removal of goods, irrespective of when the differential duty is paid. The interest serves as compensation for the delay in payment of the duty due. The appeal was dismissed, upholding the levy of interest on differential duty paid before finalization of provisional assessment u/r 7(4) of Central Excise Rules, 2002.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
