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Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
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HC addressed valuation dispute regarding exported Printed Circuit Boards where penalty was significantly increased from Rs.1,00,000 to Rs.1,00,00,000 in subsequent Order-in-Original. While acknowledging statutory alternative remedy exists, HC permitted petitioner to file appeal within three weeks against Order dated 31.10.2022. Following precedent from Delhi HC, court directed that appeal be considered without requiring full pre-deposit of enhanced penalty. Petitioner allowed to proceed with pre-deposit based on initial Rs.1,00,000 penalty amount, without prejudice to final determination on merits by appellate authority. Court emphasized this concession on pre-deposit requirement would not influence substantive appeal determination. Petition disposed accordingly.
HC addressed valuation dispute regarding exported Printed Circuit Boards where penalty was significantly increased from Rs.1,00,000 to Rs.1,00,00,000 in subsequent Order-in-Original. While acknowledging statutory alternative remedy exists, HC permitted petitioner to file appeal within three weeks against Order dated 31.10.2022. Following precedent from Delhi HC, court directed that appeal be considered without requiring full pre-deposit of enhanced penalty. Petitioner allowed to proceed with pre-deposit based on initial Rs.1,00,000 penalty amount, without prejudice to final determination on merits by appellate authority. Court emphasized this concession on pre-deposit requirement would not influence substantive appeal determination. Petition disposed accordingly.
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