Business deductions and transfer pricing issues: tribunal treatment of software write-offs, donation receipts, warranty provisions, and related expens...
Page of 4814
Press 'Enter' after typing page number.
2921 to 2940 of 96262 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Penalty on a customs broker was held unsustainable where export consignments were factory-sealed, the seals were found intact on , and the broker had obtained genuine KYC documents, including IEC, PAN, bank details, Aadhaar and self-sealing permission. On those facts, the Tribunal found that Revenue failed to prove that the broker, its director or employees had knowledge of the stuffing of red sanders or any attempt to export contraband goods. As knowledge of the prohibited goods was not established, no penalty could be imposed and the penalties on all appellants were set aside.
Penalty on a customs broker was held unsustainable where export consignments were factory-sealed, the seals were found intact on , and the broker had obtained genuine KYC documents, including IEC, PAN, bank details, Aadhaar and self-sealing permission. On those facts, the Tribunal found that Revenue failed to prove that the broker, its director or employees had knowledge of the stuffing of red sanders or any attempt to export contraband goods. As knowledge of the prohibited goods was not established, no penalty could be imposed and the penalties on all appellants were set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
