Toy balloon tariff classification: functional heading prevails over residual rubber and festive article headings, supporting penalties for deliberate ...
Customs valuation using comparable contemporaneous imports can displace declared value, while missing speaking orders require pursuit before competent...
Foreign customs declarations and importer admissions established undervaluation, supporting sequential value redetermination, differential duty, and m...
Customs seizure safeguards prevent detention-based limitation avoidance and invalidate provisional release conditions for imported vehicles under an i...
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CESTAT partly allowed the appeal filed by M/s X against service tax demands under reverse charge. It held that foreign exchange payments towards membership renewals and participation in international forums (IPG/IPFN) and participation fees paid to an overseas body for the "Sword of Honour" contest, performed and consumed abroad, were not taxable services; demands on these components, both pre- and post-01.07.2012 (for IPG/IPFN), were set aside. However, payments to a foreign inspection agency for pre-shipment inspection and certification were held to be taxable as "technical inspection and certification service" on a reverse charge basis; demand and interest were confirmed. Extended period of limitation and penalty under s.78 were upheld in principle, but monetary penalty was fully waived under s.80, Finance Act, 1994.
CESTAT partly allowed the appeal filed by M/s X against service tax demands under reverse charge. It held that foreign exchange payments towards membership renewals and participation in international forums (IPG/IPFN) and participation fees paid to an overseas body for the "Sword of Honour" contest, performed and consumed abroad, were not taxable services; demands on these components, both pre- and post-01.07.2012 (for IPG/IPFN), were set aside. However, payments to a foreign inspection agency for pre-shipment inspection and certification were held to be taxable as "technical inspection and certification service" on a reverse charge basis; demand and interest were confirmed. Extended period of limitation and penalty under s.78 were upheld in principle, but monetary penalty was fully waived under s.80, Finance Act, 1994.
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