Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The CESTAT allowed the appeals filed by the appellant. The Tribunal held that the appellant is eligible for the benefit of the SAFTA Notification No. 99/2011-Customs dated 09.11.2011 as the appellant has fulfilled the conditions stipulated in the said notification by producing the country of origin certificate. Consequently, the impugned orders denying the benefit of the SAFTA notification to the imported goods were set aside, and the appeals were allowed.
The CESTAT allowed the appeals filed by the appellant. The Tribunal held that the appellant is eligible for the benefit of the SAFTA Notification No. 99/2011-Customs dated 09.11.2011 as the appellant has fulfilled the conditions stipulated in the said notification by producing the country of origin certificate. Consequently, the impugned orders denying the benefit of the SAFTA notification to the imported goods were set aside, and the appeals were allowed.
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TaxTMI 
TaxTMI 
of 4915 
