Transfer of going concern and transfer of input tax credit under GST allowed; exemption applies though interstate ledger transfers left to authorities...
Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
Page of 4811
Press 'Enter' after typing page number.
6521 to 6540 of 96208 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Drawback recovery under Rules 16/16A cannot be used to amend shipping bill values because once goods are exported and shipping bills assessed, assessment can be modified only by specified statutory methods (appeal, demand notice, finalization of provisional assessment, amendment, or error correction), none of which applied here; therefore execution style drawback proceedings cannot alter declared values. Bank Realisation Certificates issued and not withdrawn establish receipt of remittances for the invoices and preclude recovery of drawback. Goods already exported are not 'export goods' for confiscation, hence confiscation and penalties based on confiscation are inapplicable and the impugned order is set aside.
Drawback recovery under Rules 16/16A cannot be used to amend shipping bill values because once goods are exported and shipping bills assessed, assessment can be modified only by specified statutory methods (appeal, demand notice, finalization of provisional assessment, amendment, or error correction), none of which applied here; therefore execution style drawback proceedings cannot alter declared values. Bank Realisation Certificates issued and not withdrawn establish receipt of remittances for the invoices and preclude recovery of drawback. Goods already exported are not 'export goods' for confiscation, hence confiscation and penalties based on confiscation are inapplicable and the impugned order is set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
