Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
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HC examined the challenge to negative blocking of ITC in the petitioner's electronic credit ledger beyond the credit actually available on the relevant date. Relying on its earlier ratio in Rawman Metal & Alloyes and concurring with views of other HCs that negative blocking is ultra vires Rule 86A, the HC held the impugned communication/order invalid to the extent it blocked ITC in excess of Rs. 7,06,770/-. As the petitioner did not dispute blocking up to Rs. 7,06,770/-, the order was sustained only to that limited extent. A writ of mandamus was issued directing the respondent authorities to immediately unblock ITC blocked over and above Rs. 7,06,770/- in the petitioner's electronic credit ledger. The writ petition was accordingly disposed of.
HC examined the challenge to negative blocking of ITC in the petitioner's electronic credit ledger beyond the credit actually available on the relevant date. Relying on its earlier ratio in Rawman Metal & Alloyes and concurring with views of other HCs that negative blocking is ultra vires Rule 86A, the HC held the impugned communication/order invalid to the extent it blocked ITC in excess of Rs. 7,06,770/-. As the petitioner did not dispute blocking up to Rs. 7,06,770/-, the order was sustained only to that limited extent. A writ of mandamus was issued directing the respondent authorities to immediately unblock ITC blocked over and above Rs. 7,06,770/- in the petitioner's electronic credit ledger. The writ petition was accordingly disposed of.
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