Violation of Section 10(6) of FEMA - advance remittance is ...

Examining FEMA Section 10(6): Legality of Advance Remittance for Imports and Alleged Hawala Transactions via Banking Channels.

May 7, 2019

Case Laws FEMA AT

Violation of Section 10(6) of FEMA - advance remittance is permissible in law against imports - One is failed to understand why a person would make alleged hawala transactions through banking channel.

View Source

← Previous Next →

Violation of Section 10(6) of FEMA - advance remittance is ...

Examining FEMA Section 10(6): Legality of Advance Remittance for Imports and Alleged Hawala Transactions via Banking Channels.

May 7, 2019

Case Laws FEMA AT

You may also like:

Contravention of Sections 8(3), 8(4), and 9(1)(b) of FERA established - illegal foreign exchange remittance abroad disguised as charges for imports that never occurred....

Para 6.06(c)(ii) of HBP 2023 amended export obligation period against import of items covered by Chapter 9 of ITC(HS) and coconut oil from 90 days to 6 months from date...

Adjustment of excess service tax paid in advance - the intention of paying advance should be made clear immediately after the payment - it can be seen that the said...

Legality of notice u/s 133(6) - The information sought is under section 133(6) and has nothing to do with any of the provisions of the Co-operative Societies Act - HC

Computation of deduction u/s 10A - belated receipt of foreign remittances on account of export sales - The only reason for not considering the alleged amount while...

The Supreme Court set aside the High Court's judgment and order appointing an arbitrator u/s 11(6) of the Arbitration and Conciliation Act, 1996. It held that the...

The case pertains to the classification of imported areca nuts as "roasted" or "raw" for customs duty purposes. The Advanced Ruling Authority determined that if moisture...

Rejection of refund claim - CVD and SAD paid for regularisation of advance licence (import licence) - The payment of CVD and SAD subsequently during GST regime, for the...

Seeks to remove pre-import condition and include specified deemed export supplies for exemption from integrated tax and Compensation cess for materials imported against...

Availment of exemption under Advance License Scheme - Classification of imported goods - goods imported by the appellant qualifies as crude iodine, hence eligible for...

Confiscation of goods - Goods imported under advance license - Act of fraud established - AT

Adjustment of Advance tax paid (service portion) - Apportionment of advance received towards supply of goods and supply of services - Rule 6(4A) and 6(4B) of the Service...

Adjustment of advance / excess payment of service tax without intimation - Rule 6(4A) of Service Tax Rules, 1994 - case is covered by Rule 6(1A)according to which the...

Validity of summons issued u/s 70 - Proper officer - The High court examined Section 6(2)(b) of the CGST Act and determined that its scope differed from that of Section...

Appellants engaged in manufacturing dutiable goods and providing exempted trading services failed to maintain separate accounts for input services utilized in both...

Quick Updates: