Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Demand of Duty – Textile Machinery imported - Liability to pay duty arises from bond executed by assessee with Department obliging to abide by the conditions in Notification - Section 142 inserted by Act No. 23 of 2004 holds that successor of defaulter would also be held liable; M/s Vampex are also liable to pay the dues - AT
Demand of Duty – Textile Machinery imported - Liability to pay duty arises from bond executed by assessee with Department obliging to abide by the conditions in Notification - Section 142 inserted by Act No. 23 of 2004 holds that successor of defaulter would also be held liable; M/s Vampex are also liable to pay the dues - AT
Note: It is a system-generated summary and is for quick reference only.