Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
CESTAT held that royalty payments to a foreign entity for technology and trademark use should not be included in the assessable value of imported goods under Rule 10(1)(c). The tribunal found that the royalty was calculated based on CKD kit imports and was independent of the sale conditions. The First Appellate Authority's order was set aside due to lack of reasoned analysis, violating principles of natural justice. The royalty payment was deemed unrelated to the import transaction, thus not qualifying for inclusion in the dutiable value. Consequently, the appeal was allowed, rejecting the attempt to enhance the customs duty assessment.
CESTAT held that royalty payments to a foreign entity for technology and trademark use should not be included in the assessable value of imported goods under Rule 10(1)(c). The tribunal found that the royalty was calculated based on CKD kit imports and was independent of the sale conditions. The First Appellate Authority's order was set aside due to lack of reasoned analysis, violating principles of natural justice. The royalty payment was deemed unrelated to the import transaction, thus not qualifying for inclusion in the dutiable value. Consequently, the appeal was allowed, rejecting the attempt to enhance the customs duty assessment.
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