https://www.taxtmi.com/highlights?id=80276 Cancellation of private bonded warehouse license u/s 58B of Customs Act, 1962 due to non-compliance with CBIC Circular No. 34/2019 regarding mentioning licensed premises as principal or additional place of business in GST registration, non-submission of documents on online portal, and non-importation or manufacturing activity for 9 months. Held: Typographical error in mentioning wrong address curable, not registering on portal due to ignorance curable, non-operation not a violation. Penalty on appellant reduced to Rs. 50,000, license restored upon payment, address corrected. Penalties on individuals set aside. Appeal allowed. en-us Fri, 09 Aug 2024 09:21:55 +0530 Fri, 09 Aug 2024 09:21:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80276 Cancellation of private bonded warehouse license u/s 58B of Customs Act, 1962 due to non-compliance with CBIC Circular No. 34/2019 regarding mentioning licensed premises as principal or additional place of business in GST registration, non-submission of documents on online portal, and non-importation or manufacturing activity for 9 months. Held: Typographical error in mentioning wrong address curable, not registering on portal due to ignorance curable, non-operation not a violation. Penalty on appellant reduced to Rs. 50,000, license restored upon payment, address corrected. Penalties on individuals set aside. Appeal allowed. Highlights Customs Fri, 09 Aug 2024 09:21:55 +0530 https://www.taxtmi.com/highlights?id=80276