Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The case involves a dispute over the jurisdiction of the Appellate Tribunal (CESTAT) to entertain an appeal u/s 142(9) of the CGST Act, 2017 regarding refund of CENVAT Credit. The Tribunal held that claims for refund must be processed according to existing laws, specifically Chapter V of the Finance Act and the Central Excise Act. The decision in Bosch Electrical applies to refunds u/s 142(9)(b), allowing appeals to be filed with the CESTAT. The matter is now to be decided by the appropriate Bench.
The case involves a dispute over the jurisdiction of the Appellate Tribunal (CESTAT) to entertain an appeal u/s 142(9) of the CGST Act, 2017 regarding refund of CENVAT Credit. The Tribunal held that claims for refund must be processed according to existing laws, specifically Chapter V of the Finance Act and the Central Excise Act. The decision in Bosch Electrical applies to refunds u/s 142(9)(b), allowing appeals to be filed with the CESTAT. The matter is now to be decided by the appropriate Bench.
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