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...
Mandarin frozen concentrate was held classifiable under the residuary citrus juice entry 2009 39 00, because the tariff scheme distinguishes mandarins from oranges and the specific heading for orange juice cannot be extended by common parlance or trade descriptions to cover mandarin juice. The Tribunal found that HSN guidance and the statutory structure prevailed over website material, end-use and a foreign customs ruling, and upheld the Revenue's reclassification on merits. On limitation, the Tribunal found no suppression or intent to evade, as the imports had been regularly declared and were known to the department; the extended period was therefore inapplicable, the demand survived only for the normal period, and confiscation, redemption fine and penalty were set aside.
Mandarin frozen concentrate was held classifiable under the residuary citrus juice entry 2009 39 00, because the tariff scheme distinguishes mandarins from oranges and the specific heading for orange juice cannot be extended by common parlance or trade descriptions to cover mandarin juice. The Tribunal found that HSN guidance and the statutory structure prevailed over website material, end-use and a foreign customs ruling, and upheld the Revenue's reclassification on merits. On limitation, the Tribunal found no suppression or intent to evade, as the imports had been regularly declared and were known to the department; the extended period was therefore inapplicable, the demand survived only for the normal period, and confiscation, redemption fine and penalty were set aside.
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