Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
Reassessing Imported Goods Value using Existing Imports Value as per NIDB Data Justified: CESTAT
Income Tax
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) justified reassessing the value of imported goods using existing imports’ value as per NIDB data. The tribunal upheld the use of such data for accurate valuation, emphasizing the importance of consistency and reliability in customs assessments. This decision provides clarity on the methodology for valuing imported goods.
