Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Page of 4786
Press 'Enter' after typing page number.
581 to 600 of 95715 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The appellant availed duty exemption under EPCG authorization for import of goods. Subsequently, the appellant remitted customs duty along with interest on 27.03.2024 under the Amnesty Scheme. The CESTAT held that since the appellant had remitted the duty and interest as per the Amnesty Scheme, there was no scope to confirm the penalty imposed for the alleged violation. Although the appellant disputed the leviability of penalty u/s 112(a), the CESTAT found that the Amnesty Scheme did not specify anything about the penalty. Consequently, the CESTAT set aside the impugned order and allowed the appeal.
The appellant availed duty exemption under EPCG authorization for import of goods. Subsequently, the appellant remitted customs duty along with interest on 27.03.2024 under the Amnesty Scheme. The CESTAT held that since the appellant had remitted the duty and interest as per the Amnesty Scheme, there was no scope to confirm the penalty imposed for the alleged violation. Although the appellant disputed the leviability of penalty u/s 112(a), the CESTAT found that the Amnesty Scheme did not specify anything about the penalty. Consequently, the CESTAT set aside the impugned order and allowed the appeal.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4786
Join Channel
TaxTMI 
