Faceless reassessment jurisdiction turned on retrospective AO definition, with later faceless-assessment changes treated as clarificatory and procedur...
Page of 4807
Press 'Enter' after typing page number.
2161 to 2180 of 96140 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
CESTAT held that the subsequent purchaser cannot be considered the actual importer liable for customs duty. Mr. Arshad Vayal Peedika, who filed the Bill of Entry under transfer of residence, is the actual importer. The differential duty demand against the subsequent purchaser was set aside. Confiscation of the vehicle and penalties under Sections 114A and 114AA were quashed, as the appellant did not participate in import clearance or make false declarations. The tribunal emphasized that liability for customs duty rests with the original importer who clears goods, not subsequent bona fide purchasers. Appeal disposed of in favor of the appellant.
CESTAT held that the subsequent purchaser cannot be considered the actual importer liable for customs duty. Mr. Arshad Vayal Peedika, who filed the Bill of Entry under transfer of residence, is the actual importer. The differential duty demand against the subsequent purchaser was set aside. Confiscation of the vehicle and penalties under Sections 114A and 114AA were quashed, as the appellant did not participate in import clearance or make false declarations. The tribunal emphasized that liability for customs duty rests with the original importer who clears goods, not subsequent bona fide purchasers. Appeal disposed of in favor of the appellant.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4807 
Join Channel 
