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...
Classification of the impugned goods turned on whether they were cosmetics/toiletry preparations or Ayurvedic medicines; the Tribunal held that documentary proof of manufacture, licences, GMP certificate and Directorate opinion supported Ayurvedic classification and that the Revenue bore the burden to prove cosmetic character, which it failed to do due to absence of test reports or other evidence. The Tribunal further found non-disclosure of material evidence in the show cause proceedings amounted to mala fides, rendering adjudications confirming duty, interest, penalties and confiscation unsustainable; appeals were allowed and demands set aside.
Classification of the impugned goods turned on whether they were cosmetics/toiletry preparations or Ayurvedic medicines; the Tribunal held that documentary proof of manufacture, licences, GMP certificate and Directorate opinion supported Ayurvedic classification and that the Revenue bore the burden to prove cosmetic character, which it failed to do due to absence of test reports or other evidence. The Tribunal further found non-disclosure of material evidence in the show cause proceedings amounted to mala fides, rendering adjudications confirming duty, interest, penalties and confiscation unsustainable; appeals were allowed and demands set aside.
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