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)
Navigating the Complexities of GST Pre-deposit Requirements Before GSTAT
The introduction of the Goods and Services Tax Appellate Tribunal (GSTAT) has brought significant changes to the pre-deposit framework for...
-
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...
-
Issue before the Income-tax Appellate Tribunal (ITAT) Whether the phrase “paid up capital and general reserves” should be defined as “Ne...
-
Introduction Employee welfare is a cornerstone of corporate responsibility, and gratuity forms a critical part of the social security benefi...
-
Sr No Due Date Related to Compliance to be made 1. 11.06.2026 GST ...
-
In the complex landscape of India’s Goods and Services Tax (GST), the tax treatment of non-compete fees has emerged as a critical area f...
-
Selling a property can trigger a significant tax liability in the form of capital gains tax. However, the Income-tax Act, 1961, allows you...
-
Capital gains taxation on immovable property under the Income-tax Act, 1961 often turns on a deceptively simple question: when is a proper...
-
Tax Deducted at Source (TDS) is generally not applicable to interchange fees, payment gateway charges, or the Merchant Discount Rate (MDR)...
-
The newly enacted Income Tax Act, 2025, marks a significant step toward simplification by consolidating multiple presumptive taxation sche...
-
Introduction The law relating to companies is laid down in Companies Act, 2013 and the rules made thereunder and t...
No comments:
Post a Comment