Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
CESTAT NEW DELHI ruled on the revocation of a Customs Broker License and forfeiture of security deposit. The case involved risky exporters engaged in frauds, with exporters not physically present at registered premises. The appellant, as the Customs Broker, was found not in violation of Regulation 10(d) as it had no authority over GST registration issues. The appellant's responsibility under Regulation 10(n) was to verify documents, not physically verify exporter existence. The appellant satisfied obligations by verifying IEC and GSTIN online. The order revoking the license was set aside as the Customs Broker did not violate regulations. Appeal allowed.
CESTAT NEW DELHI ruled on the revocation of a Customs Broker License and forfeiture of security deposit. The case involved risky exporters engaged in frauds, with exporters not physically present at registered premises. The appellant, as the Customs Broker, was found not in violation of Regulation 10(d) as it had no authority over GST registration issues. The appellant's responsibility under Regulation 10(n) was to verify documents, not physically verify exporter existence. The appellant satisfied obligations by verifying IEC and GSTIN online. The order revoking the license was set aside as the Customs Broker did not violate regulations. Appeal allowed.
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