Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
In a case involving misdeclaration of imported viscose knitted fabrics, CESTAT held that when revenue disproves the description and value declared by the importer based on facts and probabilities, the burden shifts to the assessee to prove its claim. The tribunal found that the original authority failed to properly examine the evidence submitted by the appellant. Consequently, the matter was remanded back to the original authority for de novo adjudication, requiring a comprehensive re-evaluation of all evidence, including the appellant's submissions, before reaching a conclusive determination on the customs duty liability.
In a case involving misdeclaration of imported viscose knitted fabrics, CESTAT held that when revenue disproves the description and value declared by the importer based on facts and probabilities, the burden shifts to the assessee to prove its claim. The tribunal found that the original authority failed to properly examine the evidence submitted by the appellant. Consequently, the matter was remanded back to the original authority for de novo adjudication, requiring a comprehensive re-evaluation of all evidence, including the appellant's submissions, before reaching a conclusive determination on the customs duty liability.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
