Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Imposition of redemption fine - import of Limestone Blocks - imported goods not covered by the license - confiscation of goods - The Tribunal observed the circumstances, including the timing of the shipments and the Appellant's voluntary disclosure of the license lapse. - Considering the Appellant's bonafide actions and the impact of heavy demurrage charges, the Tribunal decided to grant leniency in the quantum of redemption fine and penalty.
Imposition of redemption fine - import of Limestone Blocks - imported goods not covered by the license - confiscation of goods - The Tribunal observed the circumstances, including the timing of the shipments and the Appellant's voluntary disclosure of the license lapse. - Considering the Appellant's bonafide actions and the impact of heavy demurrage charges, the Tribunal decided to grant leniency in the quantum of redemption fine and penalty.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
