Authority rules B+G+31 service apartment is commercial building construction, not multi-storey residential for tax classification under RERA definitio...
Resale price method upheld for distribution; assessee's margins accepted and certain transfer-pricing adjustments deleted due to documented reimbursem...
Page of 4826
Press 'Enter' after typing page number.
9821 to 9840 of 96510 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
CESTAT dismissed the appeal, upholding denial of the concessional duty rate for imported gold coins. The tribunal affirmed that the appellant failed to discharge the burden of proving entitlement under the exemption notification because the coins lacked the mandated engraved serial numbers and therefore did not satisfy the notification's unambiguous description for S.No.1 or S.No.2. Applying the principle that clear statutory language admits only its plain meaning, CESTAT found no infirmity in the reasons of the lower authorities and concluded there was no merit in the challenge to classification or exemption claim; the assessment and duty denial were consequently sustained.
CESTAT dismissed the appeal, upholding denial of the concessional duty rate for imported gold coins. The tribunal affirmed that the appellant failed to discharge the burden of proving entitlement under the exemption notification because the coins lacked the mandated engraved serial numbers and therefore did not satisfy the notification's unambiguous description for S.No.1 or S.No.2. Applying the principle that clear statutory language admits only its plain meaning, CESTAT found no infirmity in the reasons of the lower authorities and concluded there was no merit in the challenge to classification or exemption claim; the assessment and duty denial were consequently sustained.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
