Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Separately Identifiable Services: transportation found to be the essential character, so Cargo Handling classification and extended limitation rejecte...
CBDT Instruction No. 01/2011 placed jurisdiction over a corporate assessee in Kolkata with income above the prescribed limit in the AC/DC, so a reassessment notice issued by the Income Tax Officer lacked authority and the reopening was void ab initio. Separately, the Tribunal held that the NFAC had no jurisdiction to pass the reassessment order before the section 151A notification bringing the scheme into force, making that order equally void ab initio. The reassessment proceedings were therefore unsustainable on jurisdictional grounds and the assessee's appeal was allowed.
CBDT Instruction No. 01/2011 placed jurisdiction over a corporate assessee in Kolkata with income above the prescribed limit in the AC/DC, so a reassessment notice issued by the Income Tax Officer lacked authority and the reopening was void ab initio. Separately, the Tribunal held that the NFAC had no jurisdiction to pass the reassessment order before the section 151A notification bringing the scheme into force, making that order equally void ab initio. The reassessment proceedings were therefore unsustainable on jurisdictional grounds and the assessee's appeal was allowed.
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