Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Confiscation of goods - Redemption fine - Imposition of penalty - Valuation dispute - The case involved the importation of machinery where the foreign supplier mistakenly shipped an incorrect quantity of machines. The appellant declared the assessable value based on the purchase order without knowledge of the error. The Tribunal noted that the importer had no knowledge of the mistake and had actually over-declared the assessable value, indicating no intention to deceive. Therefore, it overturned the confiscation of goods, redemption fine, and penalty imposed.
Confiscation of goods - Redemption fine - Imposition of penalty - Valuation dispute - The case involved the importation of machinery where the foreign supplier mistakenly shipped an incorrect quantity of machines. The appellant declared the assessable value based on the purchase order without knowledge of the error. The Tribunal noted that the importer had no knowledge of the mistake and had actually over-declared the assessable value, indicating no intention to deceive. Therefore, it overturned the confiscation of goods, redemption fine, and penalty imposed.
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