Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Regulation 17 required the licensing authority to independently consider the inquiry report, the broker's representation and the material on record before deciding the case; an order that merely adopted the inquiry officer's conclusions without fact-specific findings failed legal scrutiny, so revocation, forfeiture and penalty could not stand. On the alleged overvaluation of export goods, no violation of Regulations 10(a), 10(d), 10(e), 10(f), 10(k) or 10(n) was made out because there were no concrete findings of incorrect advice, withheld material, record-keeping default or failure of antecedent verification, and a Customs Broker had no role in determining export value negotiated between exporter and overseas buyer. Only Regulation 10(q) was attracted for non-participation in the inquiry proceedings, warranting a reduced penalty.
Regulation 17 required the licensing authority to independently consider the inquiry report, the broker's representation and the material on record before deciding the case; an order that merely adopted the inquiry officer's conclusions without fact-specific findings failed legal scrutiny, so revocation, forfeiture and penalty could not stand. On the alleged overvaluation of export goods, no violation of Regulations 10(a), 10(d), 10(e), 10(f), 10(k) or 10(n) was made out because there were no concrete findings of incorrect advice, withheld material, record-keeping default or failure of antecedent verification, and a Customs Broker had no role in determining export value negotiated between exporter and overseas buyer. Only Regulation 10(q) was attracted for non-participation in the inquiry proceedings, warranting a reduced penalty.
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