Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Levy of penalty on Customs Broker - The tribunal concluded that the classification is a question of law and cannot be treated as misdeclaration or misstatement. Therefore, it was held that imposing a penalty on the appellant for the violation of Regulation 10 (d) and 10(e) of CBLR 2018 was not legally sustainable. Consequently, the tribunal set aside the penalty imposed on the appellant.
Levy of penalty on Customs Broker - The tribunal concluded that the classification is a question of law and cannot be treated as misdeclaration or misstatement. Therefore, it was held that imposing a penalty on the appellant for the violation of Regulation 10 (d) and 10(e) of CBLR 2018 was not legally sustainable. Consequently, the tribunal set aside the penalty imposed on the appellant.
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