Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...
Revocation of customs Broker License - The CESTAT noted that, since based on authorized documents submitted by the exporters, they had verified online and filed the shipping bill in good faith; they cannot be penalised for the illegal attempt to export prohibited goods. - the Tribunal set aside the license revocation and forfeiture of the security deposit but upheld a penalty of Rs. 50,000 for regulatory violations.
Revocation of customs Broker License - The CESTAT noted that, since based on authorized documents submitted by the exporters, they had verified online and filed the shipping bill in good faith; they cannot be penalised for the illegal attempt to export prohibited goods. - the Tribunal set aside the license revocation and forfeiture of the security deposit but upheld a penalty of Rs. 50,000 for regulatory violations.
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