Condonation of Delay: directoral disputes and pending company proceedings can constitute reasonable cause, allowing a belated return to be treated as ...
Revisionary jurisdiction under section 263 upheld; faceless assessments subject to revision when AO fails requisite enquiries, remitted for fresh asse...
Limited scope of processing under section 143(1): enhancement without show cause is unsustainable; remand for residency, taxation and TDS verification...
Where imported goods are supported by Certificates of Origin issued by the designated authority of the exporting country, any reasonable doubt about authenticity or origin particulars must be addressed through the retroactive verification mechanism under Rule 15 of Annexure B to the Interim Rules of Origin. If the importing authority questions the value addition shown in the certificate, it must seek verification from the issuing authority in Thailand rather than rely only on domestic statements or collected material. Because the prescribed verification procedure was not followed, the notice and the order denying preferential tariff concession were contrary to the Rules, and the exemption denial, consequential demands and penalties were set aside.
Where imported goods are supported by Certificates of Origin issued by the designated authority of the exporting country, any reasonable doubt about authenticity or origin particulars must be addressed through the retroactive verification mechanism under Rule 15 of Annexure B to the Interim Rules of Origin. If the importing authority questions the value addition shown in the certificate, it must seek verification from the issuing authority in Thailand rather than rely only on domestic statements or collected material. Because the prescribed verification procedure was not followed, the notice and the order denying preferential tariff concession were contrary to the Rules, and the exemption denial, consequential demands and penalties were set aside.
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