cannot include "forwarding", as "forwarding" is not "clearing". He relied upon the definition of "forwarding agent ... learned SDR refers to the definition of "Freight Forwarder" as defined in GIA - Trading Dictionary of Foreign/International Trade Terms: F to emphasize
6749/Mum/2017
M/s. Aramex India Pvt. Ltd.,
(ii) Freight forwarding services: This service entails air, land and
ocean freight forwarding, and break-bulk ... above 4 lines of business (i.e international Express,
International freight Forwarding, Domestic distribution and Logistics)
which also forms part of audited financial statements
computing freight cost-to-freight income ratio in the case of
Balmer Lawrie & Co Limited and by not appreciating the nexus of freight cost ... part /inextricably linked to the business model of the Appellant (viz.
freight forwarding services).
1.8. By assigning NIL value to the value of international transaction
substituting the comparability analysis
conducted by the Assessee for its freight forwarding services
with a fresh comparability analysis based on his own
conjectures and surmises ... part
/inextricably linked to the business model of the Assessee
(viz. freight forwarding services).
4. The Ld. TPO has erred in law and on facts
whether (i) the appellants are bona fide
exporters or simply freight forwarders, (ii) the appellant(s) are
bogus firms, and (iii) whether the appellant ... export incentives; they being not the
genuine exporters but simply freight forwarders; it has been rightly
held in the impugned order that the appellants
whether (i) the appellants are bona fide
exporters or simply freight forwarders, (ii) the appellant(s) are
bogus firms, and (iii) whether the appellant ... export incentives; they being not the
genuine exporters but simply freight forwarders; it has been rightly
held in the impugned order that the appellants
that assessee company is
carrying on business in providing international freight forwarding services to
various customers. For the assessment year 2003-04, it filed ... engaged in the business of freight transportation, time defined
air and ocean transport and freight forwarding. The assessee is
primarily engaged in the business
that assessee company is
carrying on business in providing international freight forwarding services to
various customers. For the assessment year 2003-04, it filed ... engaged in the business of freight transportation, time defined
air and ocean transport and freight forwarding. The assessee is
primarily engaged in the business
substituting the comparability analysis
conducted by the Assessee for its freight forwarding services
with a fresh comparability analysis based on his own
conjectures and surmises ... part
/inextricably linked to the business model of the Assessee
(viz. freight forwarding services).
4. The Ld. TPO has erred in law and on facts
additions of Rs. 1531108/- the payment made to M/s
Pooja Freight Forwarders, the intermediary agent on the
behalf of appellant regarding in land haulage ... made to M/s Pooja Freight
Forwarders the intermediary agent on account of as noted
below: .
S. No. Nature of Expenses Amount
