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...
The CESTAT allowed the appeal. The department wrongly rejected the declared assessable value of imports under four Bills of Entry. The re-determined value was unacceptable. The differential duty of Rs. 9,60,376/-, order of confiscation, and penalties were set aside. The appellant's statement, allegedly obtained under coercion, could not be solely relied upon to prove undervaluation in the absence of evidence of comparable imports. Principles of natural justice were violated by the ex-parte decision rejecting the declared value without sufficient evidence.
The CESTAT allowed the appeal. The department wrongly rejected the declared assessable value of imports under four Bills of Entry. The re-determined value was unacceptable. The differential duty of Rs. 9,60,376/-, order of confiscation, and penalties were set aside. The appellant's statement, allegedly obtained under coercion, could not be solely relied upon to prove undervaluation in the absence of evidence of comparable imports. Principles of natural justice were violated by the ex-parte decision rejecting the declared value without sufficient evidence.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
