Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appellate Tribunal Waives Penalties for Fabric Duty Evasion Cases
The Appellate Tribunal CEGAT, Bombay granted stay and waived penalties in cases concerning alleged duty evasion of man-made fabrics. Penalties imposed by the Collector of Central Excise, Surat were waived, citing a Delhi High Court judgment in the Pioneer Silk Mills case. Penalties of Rs. 1.00 lac on M/s. Arvind Silk Mills, Rs. 75,000/- on Shri Mukeshbhai A. Vakharia, and Rs. 5,000/- each on S/Shri Nikhilkumar Chauvan, Arvindbhai Kathiwala, and Bharatkumar Solanki were waived.
The Appellate Tribunal CEGAT, Bombay granted stay and waiver of penalties in cases related to alleged evasion of duty of man-made fabrics. The penalties imposed by the Collector of Central Excise, Surat were waived based on a Delhi High Court judgment in the case of Pioneer Silk Mills. Penalties of Rs. 1.00 lac on M/s. Arvind Silk Mills, Rs. 75,000/- on Shri Mukeshbhai A. Vakharia, and Rs. 5,000/- each on S/Shri Nikhilkumar Chauvan, Arvindbhai Kathiwala, and Bharatkumar Solanki were waived.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
