Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
Levy of penalty u/s 112(a) and Section 114AA of CA on Chartered Engineer - Issuance of Certificate under EPCG scheme without verification - The case involved the issuance of a Chartered Engineer Certificate for the installation and use of imported machinery under the EPCG scheme without verifying whether the machines were actually installed. The Department imposed penalties for non-compliance with verification requirements. The appellant argued good faith reliance on submitted documents and emphasized their limited role in verifying installation. However, the Tribunal held them liable for penalties, considering the seriousness of the offense.
Levy of penalty u/s 112(a) and Section 114AA of CA on Chartered Engineer - Issuance of Certificate under EPCG scheme without verification - The case involved the issuance of a Chartered Engineer Certificate for the installation and use of imported machinery under the EPCG scheme without verifying whether the machines were actually installed. The Department imposed penalties for non-compliance with verification requirements. The appellant argued good faith reliance on submitted documents and emphasized their limited role in verifying installation. However, the Tribunal held them liable for penalties, considering the seriousness of the offense.
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