Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Suspension of a customs broker licence under Regulation 16(1) CBLR, 2018 was sustained because the broker failed required due diligence under Regulations 10(d), 10(e), 10(f) and 10(n). The broker accepted KYC and authorisation from an unverified person, did not verify identity or genuineness, and did not ensure mandated 100% examination after a scanned-mismatch designation; only one package was opened and sampled. The matter involved large-scale narcotics smuggling with national security and foreign exchange implications; suspension followed receipt of an investigative report, and the inquiry must be completed within CBLR timelines.
Suspension of a customs broker licence under Regulation 16(1) CBLR, 2018 was sustained because the broker failed required due diligence under Regulations 10(d), 10(e), 10(f) and 10(n). The broker accepted KYC and authorisation from an unverified person, did not verify identity or genuineness, and did not ensure mandated 100% examination after a scanned-mismatch designation; only one package was opened and sampled. The matter involved large-scale narcotics smuggling with national security and foreign exchange implications; suspension followed receipt of an investigative report, and the inquiry must be completed within CBLR timelines.
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