Difference Between Customs Assessable Value And Invoice Value Can’t Be Taxed As Unexplained Expenditure U/S 69C: ITAT

HomeDirect TaxDifference Between Customs Assessable Value And Invoice Value Can’t Be Taxed As...

Difference Between Customs Assessable Value And Invoice Value Can’t Be Taxed As Unexplained Expenditure U/S 69C: ITAT

Direct Tax Top Stories

Published on

12/05/2026

By Mariya Paliwala

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the mere difference between the customs assessable value of imported goods and the invoice value recorded in the books cannot automatically be treated as “unexplained expenditure” under Section 69C of the Income-tax Act, 1961. The bench of Sudhir Kumar (Judicial Member) and…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Difference Between Customs Assessable Value And Invoice Value Can’t Be Taxed As Unexplained Expenditure U/S 69C: ITAT

Membership Required

Latest articles

Trichy Customs Seizes Silver Bars, Gold and Royal Enfield Bike in Ramanad Operation

Customs Dept. Can’t Avoid To Pay Interest To Importer By Repeatedly Issuing Deficiency Memos: CESTAT

CESTAT Upholds Higher Customs Duty on Imported Mandarin Juice Concentrate

Multi-Level Marketing Activities Linked To Sale-Purchase Of Goods Can’t Be Taxable Under BAS: CESTAT

More like this

Trichy Customs Seizes Silver Bars, Gold and Royal Enfield Bike in Ramanad Operation

Customs Dept. Can’t Avoid To Pay Interest To Importer By Repeatedly Issuing Deficiency Memos: CESTAT

CESTAT Upholds Higher Customs Duty on Imported Mandarin Juice Concentrate

About us

Company

Categories