Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Authorisation Holders and Customs Brokers seeking exemption from bank guarantee or cash security for Advance Authorisation/EPCG registration must file complete and truthful declarations confirming whether any penalty was imposed during the previous three financial years under the Customs Act, Central Excise Act, FEMA, or the Foreign Trade (Development and Regulation) Act. The notice records that incorrect or incomplete declarations, including omission of past Customs penalties, amount to misrepresentation and may attract penal action under the Customs Act, including section 117. The prescribed disclosure format requires details of the penalty order, authority, amount, provision invoked, and appeal status.
Authorisation Holders and Customs Brokers seeking exemption from bank guarantee or cash security for Advance Authorisation/EPCG registration must file complete and truthful declarations confirming whether any penalty was imposed during the previous three financial years under the Customs Act, Central Excise Act, FEMA, or the Foreign Trade (Development and Regulation) Act. The notice records that incorrect or incomplete declarations, including omission of past Customs penalties, amount to misrepresentation and may attract penal action under the Customs Act, including section 117. The prescribed disclosure format requires details of the penalty order, authority, amount, provision invoked, and appeal status.
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