https://www.taxtmi.com/highlights?id=72353 Revocation of suspension of the respondent’s (Cotoms Broker) licence - irregular availment of IGST drawback and refund by using bogus manufacturing registration - in light of the unretracted admission of respondents/ CB’s G-card Holder about involvement of CB in this transaction we hold that this is a case of not merely the violation of Regulation 10(n) but a case of fraud committed by CB and fraud vitiates everything. The cardinal principal which is enshrined in section 17 of the Limitation Act is that fraud nullifies everything. - licence stands suspended - AT en-us Wed, 04 Oct 2023 18:01:48 +0530 Wed, 04 Oct 2023 18:01:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72353 Revocation of suspension of the respondent’s (Cotoms Broker) licence - irregular availment of IGST drawback and refund by using bogus manufacturing registration - in light of the unretracted admission of respondents/ CB’s G-card Holder about involvement of CB in this transaction we hold that this is a case of not merely the violation of Regulation 10(n) but a case of fraud committed by CB and fraud vitiates everything. The cardinal principal which is enshrined in section 17 of the Limitation Act is that fraud nullifies everything. - licence stands suspended - AT Highlights Customs Wed, 04 Oct 2023 18:01:48 +0530 https://www.taxtmi.com/highlights?id=72353