Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
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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