Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
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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