Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
For non-notified betel nuts, the burden under Section 123 remains on Revenue to prove their smuggled character and cannot be discharged by assumptions, presumptions or uncorroborated statements. Transport documents identifying consignors in Mizoram and consignees in West Bengal do not establish cross-border movement. An expert opinion that samples merely appear to originate from the North-East, including the Myanmar region, is inconclusive of Myanmar origin. Without reliable proof of foreign origin and illicit importation, absolute confiscation of the goods and consequential penalties cannot be sustained.
For non-notified betel nuts, the burden under Section 123 remains on Revenue to prove their smuggled character and cannot be discharged by assumptions, presumptions or uncorroborated statements. Transport documents identifying consignors in Mizoram and consignees in West Bengal do not establish cross-border movement. An expert opinion that samples merely appear to originate from the North-East, including the Myanmar region, is inconclusive of Myanmar origin. Without reliable proof of foreign origin and illicit importation, absolute confiscation of the goods and consequential penalties cannot be sustained.
Note: It is a system-generated summary and is for quick reference only.