Monday, June 1, 2020

DGOV Circular can’t override the Provisions of Valuation Rules: CESTAT [Read Order]

The Custom, Excise, Service Tax Appellate Tribunal (CESTAT), while quashing all the impugned order issued by the lower authority held that Directorate General of Valuation (DGOV) cannot override the provisions of Valuation Rules. The tribunal in the light of other decisions observed that invoice price is not sacrosanct but before rejecting the invoice price the […]

from Taxscan | Simplifying Tax Laws https://ift.tt/36OczXc

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