Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Clandestine removal could not be sustained where the Revenue relied only on private records, untested statements and inadmissible electronic printouts without corroboration of raw material procurement, actual clearances, buyers, sale proceeds, transport, electricity use or production capacity. Statements recorded under Section 14 were held unusable because Section 9D procedure was not followed, and computer data from pen-drives and printouts was inadmissible for want of the statutory certificate and safeguards under Section 36B. The alleged stock shortage, based only on eye estimation, was also rejected. As the duty demand failed on evidence, the penalties were likewise unsustainable.
Clandestine removal could not be sustained where the Revenue relied only on private records, untested statements and inadmissible electronic printouts without corroboration of raw material procurement, actual clearances, buyers, sale proceeds, transport, electricity use or production capacity. Statements recorded under Section 14 were held unusable because Section 9D procedure was not followed, and computer data from pen-drives and printouts was inadmissible for want of the statutory certificate and safeguards under Section 36B. The alleged stock shortage, based only on eye estimation, was also rejected. As the duty demand failed on evidence, the penalties were likewise unsustainable.
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