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Reimbursement for C&F Agent Expenses Not Subject to Extended Period or Penalties Due to Bona Fide Belief.

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Full Text of the Document

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....C&F agent services - amount received from the service recipient as reimbursement for the maintenance of generators, electricity, AMC and insurance apart from the commission for the services of C&F agent - Bonafide belief - Invocation of extended period and penalty not justified.....