Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Suspension of license of public bonded warehouse - bonded goods were stored in non-bonded tanks - appellants pleaded that the disputed goods cannot be confiscated, when subsequent permission for bonding of tanks was given by the department - The Tribunal noted that the licensee had obtained necessary permissions for the activities questioned by the adjudicating authority. These activities were carried out under the supervision of customs officials, thereby aligning with the legal requirements stipulated under the Customs Act, 1962. The Tribunal found that the imposition of penalties and redemption fines were not justified as the licensee had complied with all relevant regulations and permissions were duly granted.
Suspension of license of public bonded warehouse - bonded goods were stored in non-bonded tanks - appellants pleaded that the disputed goods cannot be confiscated, when subsequent permission for bonding of tanks was given by the department - The Tribunal noted that the licensee had obtained necessary permissions for the activities questioned by the adjudicating authority. These activities were carried out under the supervision of customs officials, thereby aligning with the legal requirements stipulated under the Customs Act, 1962. The Tribunal found that the imposition of penalties and redemption fines were not justified as the licensee had complied with all relevant regulations and permissions were duly granted.
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TaxTMI 
TaxTMI 
