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...
Duty demand u/s 28(1) of Customs Act, 1962, upon importer and transferee of license issued by DGFT - Liability of transferee for fraudulently obtained license - Levy of penalties u/s 114A - Extended period of limitation. License issued and made transferable by DGFT, valid and subsisting at the time of imports and clearance by importer. Customs verified license before clearance. Importer took precautions before purchasing license from broker. Alleged fictitious exports and fraud committed by exporter/original license holder, no allegation or evidence of importer's awareness. Duty forgone should be recovered from exporter/original license holder, not importer. Show cause notice dated 28.1.2015 raised demand for imports in April 2010, invoking extended period of limitation under proviso to Section 28(1). However, importer is bonafide transferee, larger period cannot be applied. Demand of duty under proviso to Section 28(1) and penalty u/s 114A against importer set aside on ground of time bar. Appeal allowed.
Duty demand u/s 28(1) of Customs Act, 1962, upon importer and transferee of license issued by DGFT - Liability of transferee for fraudulently obtained license - Levy of penalties u/s 114A - Extended period of limitation. License issued and made transferable by DGFT, valid and subsisting at the time of imports and clearance by importer. Customs verified license before clearance. Importer took precautions before purchasing license from broker. Alleged fictitious exports and fraud committed by exporter/original license holder, no allegation or evidence of importer's awareness. Duty forgone should be recovered from exporter/original license holder, not importer. Show cause notice dated 28.1.2015 raised demand for imports in April 2010, invoking extended period of limitation under proviso to Section 28(1). However, importer is bonafide transferee, larger period cannot be applied. Demand of duty under proviso to Section 28(1) and penalty u/s 114A against importer set aside on ground of time bar. Appeal allowed.
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