Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
Page of 4916
Press 'Enter' after typing page number.
41 to 60 of 98302 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
CESTAT set aside customs valuation order for imported used cranes where duty liability was reassessed at Rs. 161,61,899 with Rs. 95,91,518 as short-paid amount. Adjudicating authority committed gross error by inappropriately diverting Rs. 16,94,904 towards unconfirmed dues without proper reasoning or concurrent adjudication. Tribunal found re-assessment based solely on investigation statements improper without compliance with section 138B testing requirements and Customs Valuation Rules under section 14 of Customs Act 1962. Following precedent involving identical valuation issues, matter remanded to original authority for fresh value determination in accordance with Customs Valuation Rules 1988/2007. Appeal allowed by way of remand.
CESTAT set aside customs valuation order for imported used cranes where duty liability was reassessed at Rs. 161,61,899 with Rs. 95,91,518 as short-paid amount. Adjudicating authority committed gross error by inappropriately diverting Rs. 16,94,904 towards unconfirmed dues without proper reasoning or concurrent adjudication. Tribunal found re-assessment based solely on investigation statements improper without compliance with section 138B testing requirements and Customs Valuation Rules under section 14 of Customs Act 1962. Following precedent involving identical valuation issues, matter remanded to original authority for fresh value determination in accordance with Customs Valuation Rules 1988/2007. Appeal allowed by way of remand.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
