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Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Provisional release of seized imported goods was directed on conditional terms because the matter was still at the seizure-memo stage and the request was limited to interim relief. The Court followed earlier writ orders on similar facts and required release subject to payment of the quantified enhanced duty, furnishing of bank guarantee to the extent directed, and maintenance of transaction details if the goods were subsequently supplied after release. Customs was left free to continue adjudication in accordance with law, and the conditional release order was expressly stated not to influence the merits of that adjudication.
Provisional release of seized imported goods was directed on conditional terms because the matter was still at the seizure-memo stage and the request was limited to interim relief. The Court followed earlier writ orders on similar facts and required release subject to payment of the quantified enhanced duty, furnishing of bank guarantee to the extent directed, and maintenance of transaction details if the goods were subsequently supplied after release. Customs was left free to continue adjudication in accordance with law, and the conditional release order was expressly stated not to influence the merits of that adjudication.
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