Revenue's Stay Application Denied by CESTAT on Additional Trade Discounts The Appellate Tribunal CESTAT, Mumbai rejected the Revenue's stay application for the Commissioner (Appeals)'s order in favor of the assessee regarding ...
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Revenue's Stay Application Denied by CESTAT on Additional Trade Discounts
The Appellate Tribunal CESTAT, Mumbai rejected the Revenue's stay application for the Commissioner (Appeals)'s order in favor of the assessee regarding additional trade discounts, cash discounts, and bonus. The Tribunal emphasized that since the Commissioner (Appeals) did not challenge his prior decision, there was no basis for granting a stay on the recent ruling.
The Appellate Tribunal CESTAT, Mumbai rejected the Revenue's stay application for the order of the Commissioner (Appeals) allowing the assessee's appeal on additional trade discounts, cash discounts, and bonus. The Tribunal noted that the Commissioner (Appeals) had not appealed against his earlier order, so there was no reason to stay the current order.
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