Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
HC addressed provisional release of seized goods involving classification dispute between HSN entries 82.07 and 73.04 for self-drilling bars. While noting statutory appellate remedies should typically be exhausted before seeking writ jurisdiction, court considered prolonged seizure duration and regular import status. Given goods' detention since May 2024 and six-month petition pendency, HC ordered release under bond with 30% differential duty as bank guarantee, departing from standard 70-80% requirement. Decision balanced procedural requirements with commercial practicality, allowing expedited resolution while maintaining adequate security for customs authority pending final classification determination.
HC addressed provisional release of seized goods involving classification dispute between HSN entries 82.07 and 73.04 for self-drilling bars. While noting statutory appellate remedies should typically be exhausted before seeking writ jurisdiction, court considered prolonged seizure duration and regular import status. Given goods' detention since May 2024 and six-month petition pendency, HC ordered release under bond with 30% differential duty as bank guarantee, departing from standard 70-80% requirement. Decision balanced procedural requirements with commercial practicality, allowing expedited resolution while maintaining adequate security for customs authority pending final classification determination.
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