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 upheld the Commissioner of Customs' order granting Target Plus Scheme (TPS) benefits to the importer. Despite not directly using imported plastic granules in exported products, the tribunal found that TPS is a post-export incentive scheme with limited actual user scope. The tribunal referenced a precedent case involving plastic granules used in packaging, concluding that the importer fulfilled the twin conditions of the scheme. No substantial evidence was presented by the Revenue to challenge the original order, resulting in dismissal of the Revenue's appeal and confirmation of the TPS benefits.
CESTAT upheld the Commissioner of Customs' order granting Target Plus Scheme (TPS) benefits to the importer. Despite not directly using imported plastic granules in exported products, the tribunal found that TPS is a post-export incentive scheme with limited actual user scope. The tribunal referenced a precedent case involving plastic granules used in packaging, concluding that the importer fulfilled the twin conditions of the scheme. No substantial evidence was presented by the Revenue to challenge the original order, resulting in dismissal of the Revenue's appeal and confirmation of the TPS benefits.
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