Transfer-pricing comparability permits fresh objections and filters where software service comparables are functionally unsuitable for arm's-length pr...
Territorial rendering requirement excludes China-based management and consultancy services from fees for technical services under the India-China DTAA...
FEMA borrowing restrictions bind charitable trusts, and civil penalties apply without proving intent for delayed repayment of non-resident rupee loans...
Interest on IGST levied on imported goods cannot be recovered where neither the Customs Tariff Act, 1975 nor the Customs Act, 1962 contains a charging provision authorising such interest. The issue was treated as settled by earlier precedent, rendering the interest collection unsustainable. Refund claims for interest paid must be considered expeditiously and within 16 weeks of receipt, provided the claimant establishes that the interest burden was not passed on to buyers or customers.
Interest on IGST levied on imported goods cannot be recovered where neither the Customs Tariff Act, 1975 nor the Customs Act, 1962 contains a charging provision authorising such interest. The issue was treated as settled by earlier precedent, rendering the interest collection unsustainable. Refund claims for interest paid must be considered expeditiously and within 16 weeks of receipt, provided the claimant establishes that the interest burden was not passed on to buyers or customers.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
