Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Appellant's entitlement to exemption from service tax under Notification No. 42/2012-ST upheld despite delayed filing of Form EXP-3 and non-submission of invoices from foreign commission agents. Condition No. 3 regarding equity participation inapplicable. Late filing of EXP-3 a procedural lapse as EXP-4 filed timely with requisite documents evidencing exports. Non-submission of agents' invoices not fatal as commission paid based on FOB value per agreement, evidenced by bank advices. Substantive compliance with notification conditions suffices, technical lapses condoned. Impugned order set aside, appeal allowed.
Appellant's entitlement to exemption from service tax under Notification No. 42/2012-ST upheld despite delayed filing of Form EXP-3 and non-submission of invoices from foreign commission agents. Condition No. 3 regarding equity participation inapplicable. Late filing of EXP-3 a procedural lapse as EXP-4 filed timely with requisite documents evidencing exports. Non-submission of agents' invoices not fatal as commission paid based on FOB value per agreement, evidenced by bank advices. Substantive compliance with notification conditions suffices, technical lapses condoned. Impugned order set aside, appeal allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
