Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
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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