Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
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...
CESTAT adjudicated a customs duty dispute concerning crude palm oil import. The tribunal determined that the enhanced Basic Customs Duty (BCD) rate of 30% notified on 17.11.2017 was not applicable since the official gazette publication occurred on 20.11.2017, subsequent to the entry inward dates of 18.11.2017 and 19.11.2017. Consequently, the appellant is liable to pay the original BCD rate of 15% and is entitled to a refund of excess customs duty paid, including applicable interest. The tribunal ruled in favor of the appellant, effectively nullifying the retrospective duty enhancement.
CESTAT adjudicated a customs duty dispute concerning crude palm oil import. The tribunal determined that the enhanced Basic Customs Duty (BCD) rate of 30% notified on 17.11.2017 was not applicable since the official gazette publication occurred on 20.11.2017, subsequent to the entry inward dates of 18.11.2017 and 19.11.2017. Consequently, the appellant is liable to pay the original BCD rate of 15% and is entitled to a refund of excess customs duty paid, including applicable interest. The tribunal ruled in favor of the appellant, effectively nullifying the retrospective duty enhancement.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
