Condonation of delay in filing GSTR-3B returns and entitlement to Section 62 benefit results in withdrawal of assessments and revocation of attachment...
Penalty for estimation of income and disallowances for tax non-deduction clarified: estimation-based penalties not sustainable; additions without conc...
Interpretation of an exemption notification for imported crude palm oil focused on acid value as the sole contested parameter. The tribunal applied a strict textual interpretation, holding that the phrase "acid value 4 or more" contains no upper limit, so no higher acid-value cutoff may be read into the notification; consequence: notification benefit cannot be denied on that ground. The tribunal further treated reprocessing and PHO clearance as operative compliance evidence, nullifying claims that the goods failed edible-grade standards and resulting in allowance of the appeals with consequential relief.
Interpretation of an exemption notification for imported crude palm oil focused on acid value as the sole contested parameter. The tribunal applied a strict textual interpretation, holding that the phrase "acid value 4 or more" contains no upper limit, so no higher acid-value cutoff may be read into the notification; consequence: notification benefit cannot be denied on that ground. The tribunal further treated reprocessing and PHO clearance as operative compliance evidence, nullifying claims that the goods failed edible-grade standards and resulting in allowance of the appeals with consequential relief.
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