Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Demand of differential Central Excise Duty with interest and penalty - inflating freight charges through their dummy transport unit - The Tribunal affirmed the confirmation of the differential duty, penalties, and interest imposed by the Assistant Commissioner, based on the findings of undervaluation and evasion of excise duty. Regarding the determination of assessable value, the Tribunal analyzed the provisions of Rule 5 of the Central Excise Valuation Rules and Section 4(1)(a) of the Act. However, it found no merit in the appellant's argument and upheld the impugned orders.
Demand of differential Central Excise Duty with interest and penalty - inflating freight charges through their dummy transport unit - The Tribunal affirmed the confirmation of the differential duty, penalties, and interest imposed by the Assistant Commissioner, based on the findings of undervaluation and evasion of excise duty. Regarding the determination of assessable value, the Tribunal analyzed the provisions of Rule 5 of the Central Excise Valuation Rules and Section 4(1)(a) of the Act. However, it found no merit in the appellant's argument and upheld the impugned orders.
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