Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
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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