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...
AT dismissed the appeal challenging enhancement of penalty under section 19(1), holding that the respondents were not the masterminds behind outward remittances and fabricated import documentation alleged to contravene section 3(b) and section 10(6) of FEMA read with Reg. 6(1) of the 2000 Regulations. The Tribunal accepted respondents' plea that remittances were effected at the instance of unidentified third parties who used respondents' bank accounts and that the enforcement agency failed to apprehend or effectively investigate those alleged principal wrongdoers. Given this, enhancement of penalty was unjustified. The appeal is dismissed as devoid of merit, without prejudice to the merits of respondents' pending cross-appeals.
AT dismissed the appeal challenging enhancement of penalty under section 19(1), holding that the respondents were not the masterminds behind outward remittances and fabricated import documentation alleged to contravene section 3(b) and section 10(6) of FEMA read with Reg. 6(1) of the 2000 Regulations. The Tribunal accepted respondents' plea that remittances were effected at the instance of unidentified third parties who used respondents' bank accounts and that the enforcement agency failed to apprehend or effectively investigate those alleged principal wrongdoers. Given this, enhancement of penalty was unjustified. The appeal is dismissed as devoid of merit, without prejudice to the merits of respondents' pending cross-appeals.
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