Customs
This query is : Resolved
23 December 2010
One capital goods trading company imports a capital goods from germany for trading purpose in India.
Company regularily paying required cutoms duty at the time of imports. But, now AO demanding for another 1% along with regular duty. He was giving reason for additional 1% duty, that it was capital goods. But, the company intended to sell in India. It was not for its own use.
Whether demand of the AO valid? any case law. Please give me
Company regularily paying required cutoms duty at the time of imports. But, now AO demanding for another 1% along with regular duty. He was giving reason for additional 1% duty, that it was capital goods. But, the company intended to sell in India. It was not for its own use.
Whether demand of the AO valid? any case law. Please give me
12 January 2011
dear author,
plese noted that without understand the case, how can be reply.
right now provide us bill of entry copy etc. IN THIS REGARD, so that experts provide you the full information.
regards,
plese noted that without understand the case, how can be reply.
right now provide us bill of entry copy etc. IN THIS REGARD, so that experts provide you the full information.
regards,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Rental income of jointly held property
- LIABILITY ADJUSTMENT
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Banking Related Issue
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
