https://www.taxtmi.com/highlights?id=17821 Under-invoicing of import - penalty under FERA - A perusal of the AO shows that it was based entirely on what was stated in the SCNs issued under the CA (Customs Act) and there was no investigation to verify the particulars set out in the said documents - order set aside - HC en-us Mon, 24 Mar 2014 14:43:16 +0530 Mon, 24 Mar 2014 14:43:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=17821 Under-invoicing of import - penalty under FERA - A perusal of the AO shows that it was based entirely on what was stated in the SCNs issued under the CA (Customs Act) and there was no investigation to verify the particulars set out in the said documents - order set aside - HC Highlights FEMA Mon, 24 Mar 2014 14:43:16 +0530 https://www.taxtmi.com/highlights?id=17821