Compulsorily convertible debentures remain debt before conversion, preventing transfer-pricing and interest-deduction disallowances on the stated fact...
Stock-in-trade transfer taxability follows possession and consideration, not later conveyance registration, limiting deemed-value provisions to the ac...
Alternative statutory remedy under GST bars writ challenge where classification, notice variance, and hearing disputes require factual appellate revie...
Customs detention regulations prohibit recovery of rent or demurrage on goods detained or seized by Customs. Following reassessment and payment of duty, imported Low Alloy Steel Scrap remained entitled to physical release; delays caused by Customs authorities, a shipping line, or a custodian could not be imposed on the importer. The High Court required the shipping line and custodian to issue delivery orders and release the goods without detention charges, container detention charges, ground rent, or demurrage for the certified detention period, while leaving their inter se claims to be resolved according to law.
Customs detention regulations prohibit recovery of rent or demurrage on goods detained or seized by Customs. Following reassessment and payment of duty, imported Low Alloy Steel Scrap remained entitled to physical release; delays caused by Customs authorities, a shipping line, or a custodian could not be imposed on the importer. The High Court required the shipping line and custodian to issue delivery orders and release the goods without detention charges, container detention charges, ground rent, or demurrage for the certified detention period, while leaving their inter se claims to be resolved according to law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4907 
