Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
FEMA - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Non-realisation of export sale proceeds - The Appellant was ...

Case Laws     FEMA

November 11, 2017

Non-realisation of export sale proceeds - The Appellant was neither part of the management managing the affairs of the MVR group of companies nor was he in any way concerned with the company - the Adjudicating Authority ought not to have imposed the penalty. - AT

View Source

 


 

You may also like:

  1. Fixation of remuneration of liquidator - The Appellate Tribunal recognized the efforts made by the liquidator in attempting to manage the corporate debtor's affairs...

  2. SCOMET Export permission for ‘Stock & Sale' purposes and for export of spare parts - Public Notice

  3. Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation - Circular

  4. ‘Management Consultancy Service' - If he himself is managing the affairs of the organization, it does not fall under the ‘Management Consultancy Service'. - AT

  5. The appellant availed CENVAT credit prior to registration. The department demanded interest on such credit, which was held impermissible as no demand for recovery of...

  6. Recovery of Duty drawback - period for realization of export proceeds - The High court acknowledges the prima facie evidence provided by the petitioner, indicating...

  7. Export Data Processing and Monitoring System (EDPMS) - Issuance of Electronic Bank Realisation Certificate (eBRC) - FEMA

  8. TPA - Adjustment of interest for delayed realization of sale from AE - when the assessee is not charging any interest from non AE then there is no case made out by the...

  9. Rebate / refund claim on export of goods - non-realization of foreign exchange - exporter has not submitted (BRCs) in respect of export clearances, even after lapse of...

  10. Exemption from CST - disallowance of export sales - there is no provision under the Act or Rules which mandates that the petitioner should produce a document showing...

  11. The assessee's unexplained cash credits u/s 68 were deleted by the CIT(A) after accepting the submissions that the cash receipts from various sources like cash sales,...

  12. Recovery of duty foregone - non-fulfillment of export obligation - non-installation of the capital goods and consequent non-fulfilment of post-importation condition -...

  13. Levy of Sales Tax - sale of goods imported from foreign country - to foreign bound ships as “ship stores” - sale or not - Since the goods are to be consumed on the board...

  14. Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2020 - Notification

  15. Foreign Exchange Management (Export and import of Currency) (Amendment) Regulations, 2019

 

Quick Updates:Latest Updates