Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Misclassification between copra and dry coconut: customs recovery and re-valuation quashed for lack of prior licensing-authority invalidation, appeals...
Denial of TDS credit arose from non-production of relevant documents; tribunal found tax was lawfully deposited and non-production resulted from a bona fide belief, not malafide, and therefore admission of additional evidence was warranted, with the consequence that the evidence should be admitted and considered. The tribunal directed restoration to the assessing officer to permit the assessee to file additional evidence within a prescribed period and ordered the AO, after verification, to allow the TDS credit as per law; grounds allowed for statistical purposes.
Denial of TDS credit arose from non-production of relevant documents; tribunal found tax was lawfully deposited and non-production resulted from a bona fide belief, not malafide, and therefore admission of additional evidence was warranted, with the consequence that the evidence should be admitted and considered. The tribunal directed restoration to the assessing officer to permit the assessee to file additional evidence within a prescribed period and ordered the AO, after verification, to allow the TDS credit as per law; grounds allowed for statistical purposes.
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