Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
CESTAT treated the threshold question as one of jurisdiction: whether customs authorities and the Tribunal can determine disputes involving interpretation of IGST rate schedules on imports, given the separate appellate framework under the GST enactments. Noting conflicting views on the issue and examining the Customs Act, Customs Tariff Act and IGST Act scheme, the Tribunal held that the jurisdictional conflict required authoritative resolution before any merits review. It therefore referred the formulated questions to the President for constitution of a Larger Bench and left the classification and rate dispute open.
CESTAT treated the threshold question as one of jurisdiction: whether customs authorities and the Tribunal can determine disputes involving interpretation of IGST rate schedules on imports, given the separate appellate framework under the GST enactments. Noting conflicting views on the issue and examining the Customs Act, Customs Tariff Act and IGST Act scheme, the Tribunal held that the jurisdictional conflict required authoritative resolution before any merits review. It therefore referred the formulated questions to the President for constitution of a Larger Bench and left the classification and rate dispute open.
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