Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Foreign marked gold was a restricted item, not prohibited. Appellants produced import Bill of Entry from Kotak Mahindra Bank, claiming legitimate purchase reflected in accounts. CESTAT held onus shifts to department once documents produced. Department failed to investigate or rebut documents linking seized gold to import. Mere lack of visibility of last two digits insufficient for presuming smuggling when other details matched import documents. Preponderance of probability favored appellants. Confiscation quashed, appeal allowed by CESTAT.
Foreign marked gold was a restricted item, not prohibited. Appellants produced import Bill of Entry from Kotak Mahindra Bank, claiming legitimate purchase reflected in accounts. CESTAT held onus shifts to department once documents produced. Department failed to investigate or rebut documents linking seized gold to import. Mere lack of visibility of last two digits insufficient for presuming smuggling when other details matched import documents. Preponderance of probability favored appellants. Confiscation quashed, appeal allowed by CESTAT.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
