Code, bogus RBI Code, made forged Bill of Lading and bank attested invoices, forged signatures of officers of preventive department on export promotion (EP) copies ... preventive officers on the photocopy of export promotion copies of shipping bills are forged. RBI code number on Shipping Bills was found to be bogus
registered as Core Investment Company (CIC) with Reserve
Bank of India (RBI) and is the promoter and principal investment
holding company for the Tata group ... appellant, is registered as a "Core investment UME
Company" under RBI Act and is a holding Company of their
Group Companies. As per Profit
registered as Core Investment Company (CIC) with Reserve
Bank of India (RBI) and is the promoter and principal investment
holding company for the Tata group ... appellant, is registered as a "Core investment UME
Company" under RBI Act and is a holding Company of their
Group Companies. As per Profit
Cause Notice has been issued alleging that the
appellant is engaged in promotion of the business of the dealer.
However, the Original Authority has confirmed ... reduction in the interest rate. This is
factually wrong. The appellant applies RBI guidelines on giving the
loans and therefore, is not reducing the interest
contention of the appellant that for service to fall
under promotion or marketing of service provided by
client, the service recipient must be service provider ... habits among the public & to accept
deposits as per directive of RBI whereas the appellant is
engaged in providing services to SIFCL by promoting
exporting firms having their valid
IEC, were registered with AEPC (Apparel Export Promotion Council)
had filed proper shipping bills alongwith supporting invoices, packing
lists ... prescribed; remittances have been realized in
accordance with the law; RBI Notification No. 14/2000-RB dated
03.05.2000, provides that notwithstanding anything contained
exporting firms having their valid
IEC, were registered with AEPC (Apparel Export Promotion Council)
had filed proper shipping bills alongwith supporting invoices, packing
lists ... prescribed; remittances have been realized in
accordance with the law; RBI Notification No. 14/2000-RB dated
03.05.2000, provides that notwithstanding anything contained
M/S.Magma Fincorp Ltd vs Commissioner Of Service Tax, Kolkata on 3 February, 2016
officers of customs for the purpose of ascertaining the entitlement of export promotion scheme i.e Drawback/DEPB claimed by the appellants ... received in each and every consignment and BRCs have been obtained and RBI has also accepted the genuiness of the transactions and no proceedings were
Income Tax Act and in that case the Reserve Bank of India (RBI) was kept in the loop. The Bombay High Court judgment ... exchange, RBIs nod should be there which is absent in the present case. It is pertinent to mention that once the RBI is taken
