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...
CESTAT allowed the appeal and quashed and set aside the impugned order revoking the customs broker licence and imposing forfeiture/penalty to the extent it was predicated on alleged non-existent exporters. The Tribunal found that verification reports were supplied for only four exporters and that the Revenue adduced no contrary evidence for three; for the fourth the verification affirmatively indicated prior existence and GST filings until August 2019, with subsequent departure from premises. Given the insufficiency of proof on the majority of alleged non-existent exporters, the punitive measures could not be sustained and the impugned order was annulled.
CESTAT allowed the appeal and quashed and set aside the impugned order revoking the customs broker licence and imposing forfeiture/penalty to the extent it was predicated on alleged non-existent exporters. The Tribunal found that verification reports were supplied for only four exporters and that the Revenue adduced no contrary evidence for three; for the fourth the verification affirmatively indicated prior existence and GST filings until August 2019, with subsequent departure from premises. Given the insufficiency of proof on the majority of alleged non-existent exporters, the punitive measures could not be sustained and the impugned order was annulled.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
