Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
An alleged oral family settlement and bid dated 04.02.2008 failed to effect a lawful transfer of management because the buy-out terms were not performed: full consideration was not proved paid, share transfer deeds were not produced, and parties admitted only partial payments, so the asserted resignations and change of control could not be sustained. Immediate forensic examination of disputed documents was declined, but the Administrator is permitted to approach the adjudicating tribunal (NCLT) later to seek forensic examination if a concrete dispute over produced receipts or documents arises. Appointment of the administrator and attendant directions remain in force.
An alleged oral family settlement and bid dated 04.02.2008 failed to effect a lawful transfer of management because the buy-out terms were not performed: full consideration was not proved paid, share transfer deeds were not produced, and parties admitted only partial payments, so the asserted resignations and change of control could not be sustained. Immediate forensic examination of disputed documents was declined, but the Administrator is permitted to approach the adjudicating tribunal (NCLT) later to seek forensic examination if a concrete dispute over produced receipts or documents arises. Appointment of the administrator and attendant directions remain in force.
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