Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
Insolvency petition based on admitted debt and default upheld; challenge for malicious initiation rejected, settlement may proceed under resolution fr...
Quashing of FIR and challenge to ECIR over alleged diversion of funds and preferential ESOP pricing dismissed after prima facie money-laundering findi...
Invoices that expressly showed service tax separately preclude claiming cum-tax valuation under Section 67(2); non-payment of tax by the tenant did not absolve the supplier, who remained liable to discharge tax on the gross invoice amount and interest, while recovery should have been pursued by debit/credit note or other lawful means. The appellant's pre-show-cause payment of duty with interest and demonstrated bonafide financial difficulty warranted discretionary relief: the adjudicated duty and interest were sustained but the balance penalty was set aside under the statutory relief provision (Section 80).
Invoices that expressly showed service tax separately preclude claiming cum-tax valuation under Section 67(2); non-payment of tax by the tenant did not absolve the supplier, who remained liable to discharge tax on the gross invoice amount and interest, while recovery should have been pursued by debit/credit note or other lawful means. The appellant's pre-show-cause payment of duty with interest and demonstrated bonafide financial difficulty warranted discretionary relief: the adjudicated duty and interest were sustained but the balance penalty was set aside under the statutory relief provision (Section 80).
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