Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Separately Identifiable Services: transportation found to be the essential character, so Cargo Handling classification and extended limitation rejecte...
Determination of the limitation period for passing final transfer-pricing assessment under section 144C(13) was contested with respect to its interplay with section 153. The tribunal noted higher-court precedent holding the two provisions are interdependent and limitation must be determined with reference to section 144C read with section 153; applying that approach, the tribunal found final assessment orders were passed beyond the applicable limitation period and therefore lacked jurisdiction. Consequently, the impugned final assessment orders were quashed for being time-barred.
Determination of the limitation period for passing final transfer-pricing assessment under section 144C(13) was contested with respect to its interplay with section 153. The tribunal noted higher-court precedent holding the two provisions are interdependent and limitation must be determined with reference to section 144C read with section 153; applying that approach, the tribunal found final assessment orders were passed beyond the applicable limitation period and therefore lacked jurisdiction. Consequently, the impugned final assessment orders were quashed for being time-barred.
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