Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Page of 4830
Press 'Enter' after typing page number.
161 to 180 of 96587 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
HC upheld penalties under sections 114 and 114AA of Customs Act 1962 against appellants for fraudulent duty drawback claims through deliberate suppression and misdeclaration. Court found no infirmity in Tribunal's order requiring pre-deposit for appeal. Despite appellants' argument regarding change in law, HC emphasized that 2019 taxation regime applies without retrospective effect. Court noted appellants benefited from 8-year appeal pendency without pre-deposit payment. Appeals dismissed with directive to deposit specified amount within six weeks to pursue appeals, failing which Department authorized to proceed legally. Penalties and joint liability sustained, pre-deposit requirement affirmed as reasonable.
HC upheld penalties under sections 114 and 114AA of Customs Act 1962 against appellants for fraudulent duty drawback claims through deliberate suppression and misdeclaration. Court found no infirmity in Tribunal's order requiring pre-deposit for appeal. Despite appellants' argument regarding change in law, HC emphasized that 2019 taxation regime applies without retrospective effect. Court noted appellants benefited from 8-year appeal pendency without pre-deposit payment. Appeals dismissed with directive to deposit specified amount within six weeks to pursue appeals, failing which Department authorized to proceed legally. Penalties and joint liability sustained, pre-deposit requirement affirmed as reasonable.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
