Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Misclassification between copra and dry coconut: customs recovery and re-valuation quashed for lack of prior licensing-authority invalidation, appeals...
Additions under section 69A for alleged clandestine sales and unexplained investment failed because the underlying charge of clandestine removal was not sustained in excise proceedings. The ITAT noted that, for another year on the same factual basis, the appellate authority had already deleted similar additions after the CESTAT found the excise allegation unsustainable. Once the allegation of unaccounted sales did not survive, the additions based solely on that premise had no independent evidentiary footing and could not be maintained. The appeal was therefore allowed and the additions deleted.
Additions under section 69A for alleged clandestine sales and unexplained investment failed because the underlying charge of clandestine removal was not sustained in excise proceedings. The ITAT noted that, for another year on the same factual basis, the appellate authority had already deleted similar additions after the CESTAT found the excise allegation unsustainable. Once the allegation of unaccounted sales did not survive, the additions based solely on that premise had no independent evidentiary footing and could not be maintained. The appeal was therefore allowed and the additions deleted.
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