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...
Section 124 of the Customs Act, 1962 does not impose any time limitation for issuing a show cause notice (SCN) for confiscation or penalty imposition. The appellant's plea of the notice being time-barred u/ss 111(m) or 124 cannot be accepted due to the absence of a time limit envisaged in these provisions. The reliance on the case of COMMISSIONER OF CUSTOMS VERSUS MMK JEWELLERS & ANOTHER is inapplicable as it pertained to a notice u/s 28 and penalty u/s 114(A). Based on the Mumbai Police report, it is evident that the imported car was mis-declared by tampering the chassis number and year of manufacture, warranting value redetermination at Rs.10,86,735/- u/r 5 of the Customs Valuation Rules, 1988.
Section 124 of the Customs Act, 1962 does not impose any time limitation for issuing a show cause notice (SCN) for confiscation or penalty imposition. The appellant's plea of the notice being time-barred u/ss 111(m) or 124 cannot be accepted due to the absence of a time limit envisaged in these provisions. The reliance on the case of COMMISSIONER OF CUSTOMS VERSUS MMK JEWELLERS & ANOTHER is inapplicable as it pertained to a notice u/s 28 and penalty u/s 114(A). Based on the Mumbai Police report, it is evident that the imported car was mis-declared by tampering the chassis number and year of manufacture, warranting value redetermination at Rs.10,86,735/- u/r 5 of the Customs Valuation Rules, 1988.
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