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...
CESTAT allowed the appellant's appeal, holding the imported aluminium formwork structure with accessories classifiable under CTH 7610 90 10 and entitled to the exemption at Sl. No. 610 of N/N. 152/2009 (as amended), on grounds that the appellant had self-assessed under the relevant tariff and IGST notification and that the Department had not validly challenged the appellant's assessment prior to issuing the demand. The Tribunal, following a co-ordinate decision, set aside the demand for differential customs duty and declined to restore the duty confirmed in the impugned order; the appellate authority's dropping of penalty was left undisturbed. Appeal disposed.
CESTAT allowed the appellant's appeal, holding the imported aluminium formwork structure with accessories classifiable under CTH 7610 90 10 and entitled to the exemption at Sl. No. 610 of N/N. 152/2009 (as amended), on grounds that the appellant had self-assessed under the relevant tariff and IGST notification and that the Department had not validly challenged the appellant's assessment prior to issuing the demand. The Tribunal, following a co-ordinate decision, set aside the demand for differential customs duty and declined to restore the duty confirmed in the impugned order; the appellate authority's dropping of penalty was left undisturbed. Appeal disposed.
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