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Customs - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Invokation of extended period of limitation - It is well ...


Extended Limitation Period Inapplicable When Tribunal Disagrees on License Fee Inclusion, Requires Third Member Reference.

March 29, 2016

Case Laws     Customs     AT

Invokation of extended period of limitation - It is well settled that when at the level of Tribunal there was difference of opinion regarding includibility of the licence fee in the assessable value necessitating the reference to a 3rd Member, the extended period is not invocable - AT

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