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 dispute regarding refund claim for exported iron ore fines, focusing on valuation methodology. The tribunal determined that transaction value must be derived from load port test report as per contractual terms and Circular No. 12/2014-Customs. The appellate authority held that refund cannot be rejected without challenging original assessment orders. Consequently, the tribunal set aside the impugned order, allowing the appellant's appeal and mandating consequential relief consistent with legal provisions. The decision emphasized adherence to contractual specifications and procedural compliance in customs valuation, reinforcing the principle that assessment orders remain valid unless specifically challenged through appropriate legal channels.
CESTAT adjudicated a dispute regarding refund claim for exported iron ore fines, focusing on valuation methodology. The tribunal determined that transaction value must be derived from load port test report as per contractual terms and Circular No. 12/2014-Customs. The appellate authority held that refund cannot be rejected without challenging original assessment orders. Consequently, the tribunal set aside the impugned order, allowing the appellant's appeal and mandating consequential relief consistent with legal provisions. The decision emphasized adherence to contractual specifications and procedural compliance in customs valuation, reinforcing the principle that assessment orders remain valid unless specifically challenged through appropriate legal channels.
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