Madras
HC directs continuance of status quo and bars precipitative
action by Central Govt. pursuant to preliminary findings by Director
General (DG) Safeguards recommending a provisional safeguard duty at 70% ad
valorem on import of “Solar Cells"; Notes assessee’s challenge to the
preliminary findings on premise that they are in violation of principles of
natural justice, being made before expiry of 30 days as provided in initiation
notification; As per assessee, it is entitled to be heard in the matter and
therefore, notification issued without doing is illegal, arbitrary, without
authority of law and in contravention of Customs Tariff Act, 1975 r/w Rule 6 of
Custom Tariff (Identification and Assessment of Safeguard duty) Rules, 1997;
Further notes assessee’s challenge to recommendation of DG Safeguard for
exemption of safeguard duty on clearance made from SEZ to DTA, contending that
DG Safeguards does not have the power to recommend exemption in terms of 8B(2)
of Customs Tariff Act: HC issues notice to Revenue while posting the matter for
hearing on February 2, 2018 : Madras HC
Subscribe to:
Post Comments (Atom)
Section 56(2)(ix): Forfeiture of Advance Money Received – A Critical Analysis
The Dual Conditions for Taxability Section 56(2)(ix) of the Income Tax Act imposes tax liability on sums received as advance or otherwise du...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
Selling a property can trigger a significant tax liability in the form of capital gains tax. However, the Income-tax Act, 1961, allows you...
-
Clarifications from the GST Council The GST Council has recommended the following clarifications on ISD and cross charge:
-
The Indian tax landscape has witnessed several significant judicial pronouncements in recent months. From the Supreme Court to various Hig...
-
The Income-tax Appellate Tribunal has recently notified the Income-tax (Appellate Tribunal) Amendment Rules, 2025, introducing important p...
-
The Goods and Services Tax (GST) regime continues to evolve through judicial interpretations. From the Supreme Court to various High Court...
-
Sr No Due Date Related to Compliance to be made 1 11.07.2026 GST ...
-
In the case of "Maya Gopinathan vs Anoop SB 2024 INSC 334," the Hon'ble Supreme Court provided insightful guidance on the de...
-
LEASE-DEED (A brief Introduction) Lease defined. A lease of immovable property is a transfer of a right to enjoy such property, mad...
-
In a significant development, the Supreme Court has dismissed the Revenue’s Special Leave Petition (SLP) challenging a Bombay High Court (...
No comments:
Post a Comment