Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Reliance on Bank Realisation Certificates and final commercial invoices must govern transaction value where parties contractually agree quality testing at discharge port and payment is realised, and such transaction value cannot be rejected absent specific grounds under Customs Valuation Rules; independent Chemical Examiner/CRCL moisture tests are inadmissible to fix exported quantity in an ad valorem regime. The adjudications and appellate confirmations ordering differential export duty or partial refund denial are set aside; matters are remitted for redetermination of assessable value based on BRC and final invoice and application of the uniform iron ore fine rate to the entire consignment, with any increased refund payable by the Department.
Reliance on Bank Realisation Certificates and final commercial invoices must govern transaction value where parties contractually agree quality testing at discharge port and payment is realised, and such transaction value cannot be rejected absent specific grounds under Customs Valuation Rules; independent Chemical Examiner/CRCL moisture tests are inadmissible to fix exported quantity in an ad valorem regime. The adjudications and appellate confirmations ordering differential export duty or partial refund denial are set aside; matters are remitted for redetermination of assessable value based on BRC and final invoice and application of the uniform iron ore fine rate to the entire consignment, with any increased refund payable by the Department.
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