Revenue authority mandates using scheme-specific reversal procedures, not revising original entries, for instrument-based trade/customs benefits effec...
Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
HC dismissed the writ petition and held it premature and not maintainable, directing the petitioner to pursue the statutory remedy under Section 107 rather than relief under Article 226. The court recorded that where a proper officer (not below Joint Commissioner) has reasons to believe under Section 67 of suppression or evasion, he may inspect, search and, under Section 69, arrest, and seize documents; thereafter a notice under Section 73 (three-year limitation) or Section 74 (five-year limitation) may be issued. The court refused to examine the correctness of issuance of a Section 74 notice at writ stage, leaving the limitation and merits to the adjudicatory authority; observations of the HC are not to influence the proper officer.
HC dismissed the writ petition and held it premature and not maintainable, directing the petitioner to pursue the statutory remedy under Section 107 rather than relief under Article 226. The court recorded that where a proper officer (not below Joint Commissioner) has reasons to believe under Section 67 of suppression or evasion, he may inspect, search and, under Section 69, arrest, and seize documents; thereafter a notice under Section 73 (three-year limitation) or Section 74 (five-year limitation) may be issued. The court refused to examine the correctness of issuance of a Section 74 notice at writ stage, leaving the limitation and merits to the adjudicatory authority; observations of the HC are not to influence the proper officer.
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