Captive power transfer pricing and non-resident export commission rules support deletion of adjustments and withholding disallowance in discussed proc...
Cooperative society deposits, member-interest TDS exemption and credit-facility deduction claims require verification through records and supporting e...
Customs jurisdiction over EPCG condition breaches survives export-obligation discharge certificates, requiring alleged fraud and misdeclaration to be ...
Consideration of transaction value and sequential redetermination under CVR rules is central, with rejection of declared value under Rule 12 followed by rules 3-9 valuation steps; the piece emphasises shifting onus and distinct burdens of proof in valuation disputes and accepts electronic records and account statements where authenticity is undisputed. It notes provisional assessments prevent attraction of penal provisions and, despite upholding assessable values after investigation and non-traversal by the importer, recommends setting aside confiscation, fines and penalties while allowing consequential relief as per law.
Consideration of transaction value and sequential redetermination under CVR rules is central, with rejection of declared value under Rule 12 followed by rules 3-9 valuation steps; the piece emphasises shifting onus and distinct burdens of proof in valuation disputes and accepts electronic records and account statements where authenticity is undisputed. It notes provisional assessments prevent attraction of penal provisions and, despite upholding assessable values after investigation and non-traversal by the importer, recommends setting aside confiscation, fines and penalties while allowing consequential relief as per law.
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