Condonation of Delay: directoral disputes and pending company proceedings can constitute reasonable cause, allowing a belated return to be treated as ...
Revisionary jurisdiction under section 263 upheld; faceless assessments subject to revision when AO fails requisite enquiries, remitted for fresh asse...
Limited scope of processing under section 143(1): enhancement without show cause is unsustainable; remand for residency, taxation and TDS verification...
Imports of mineral hydrocarbon oil in drums, and the related classification dispute under heading 27101990 versus 2710 1290, were treated as covered by the Tribunal's earlier decision in the importers' own case. On that footing, the Tribunal stated that no redemption fine and no penalty were imposable for the alleged contravention of the Petroleum Rules, 2002 and the Customs Act, 1962. The confiscation-related consequences were therefore not sustained, the impugned order was set aside, and consequential relief followed.
Imports of mineral hydrocarbon oil in drums, and the related classification dispute under heading 27101990 versus 2710 1290, were treated as covered by the Tribunal's earlier decision in the importers' own case. On that footing, the Tribunal stated that no redemption fine and no penalty were imposable for the alleged contravention of the Petroleum Rules, 2002 and the Customs Act, 1962. The confiscation-related consequences were therefore not sustained, the impugned order was set aside, and consequential relief followed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
