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Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
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Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
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The case involved a penalty u/s 112(B) of the Customs Act, 1962 against an employee of a Customs House Agent (CHA) for allegedly concealing information affecting a bill of entry assessment. The tribunal found no evidence linking the employee to the concealed branded goods in the consignment, nor any indication of his involvement in handling the goods. Goods were confiscated u/s 111(m) due to incorrect declaration, but the employee was not proven aware of the branded products. As a result, the tribunal set aside the penalty, ruling in favor of the appellant.
The case involved a penalty u/s 112(B) of the Customs Act, 1962 against an employee of a Customs House Agent (CHA) for allegedly concealing information affecting a bill of entry assessment. The tribunal found no evidence linking the employee to the concealed branded goods in the consignment, nor any indication of his involvement in handling the goods. Goods were confiscated u/s 111(m) due to incorrect declaration, but the employee was not proven aware of the branded products. As a result, the tribunal set aside the penalty, ruling in favor of the appellant.
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