Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
CESTAT held that the relevant date for determination of duty under Section 15(1)(a) was the date of filing of the bills of entry, because the bills were filed after entry inwards and were not advance bills of entry. Notification No. 21/2022-Cus. was therefore unavailable when duty liability crystallised, and the importer could not invoke a later exemption by choice. The proviso concerning bills of entry presented before entry inwards was inapplicable on the facts. The Tribunal also held that substitution under Section 46(5) was discretionary and could be refused where it would prejudice revenue; no arbitrariness was shown. The refusal to substitute the bills of entry into warehousing bills was upheld.
CESTAT held that the relevant date for determination of duty under Section 15(1)(a) was the date of filing of the bills of entry, because the bills were filed after entry inwards and were not advance bills of entry. Notification No. 21/2022-Cus. was therefore unavailable when duty liability crystallised, and the importer could not invoke a later exemption by choice. The proviso concerning bills of entry presented before entry inwards was inapplicable on the facts. The Tribunal also held that substitution under Section 46(5) was discretionary and could be refused where it would prejudice revenue; no arbitrariness was shown. The refusal to substitute the bills of entry into warehousing bills was upheld.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
