Tax authority's substitution of projected figures with actuals overturned; original acquisition valuation upheld; transfer pricing issues remitted for...
Beneficial owner held liable for differential customs duty; royalties added under Rule 10(1)(c); confiscation, penalties under s.111(m), s.114A, s.112...
The Government, acting under section 9 of the Customs Tariff Act, 1975 and relevant countervailing duty rules, amends an earlier notification imposing countervailing duty on imports of textured tempered glass under tariff item 7007 19 00 originating in or exported from Malaysia. Following initiation of a review by the designated authority regarding continuation of this duty, the amendment provides that, notwithstanding the original duration, the countervailing duty shall remain in force up to and including 8 June 2026, unless revoked, superseded, or further amended earlier by the competent authority.
The Government, acting under section 9 of the Customs Tariff Act, 1975 and relevant countervailing duty rules, amends an earlier notification imposing countervailing duty on imports of textured tempered glass under tariff item 7007 19 00 originating in or exported from Malaysia. Following initiation of a review by the designated authority regarding continuation of this duty, the amendment provides that, notwithstanding the original duration, the countervailing duty shall remain in force up to and including 8 June 2026, unless revoked, superseded, or further amended earlier by the competent authority.
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