Petition dismissed; petitioner allowed to submit detailed disclosures and documents for re-consideration; notices for 2019-23 may be adjudicated on me...
Confiscation and duty recovery quashed where licensing records show export obligation discharged; customs lacks jurisdiction absent licence annulment ...
Page of 4828
Press 'Enter' after typing page number.
10161 to 10180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
CESTAT affirms that, having upheld the service tax demand, interest under Section 75 of the FA is automatically chargeable and the Appellant must pay appropriate interest for belated utilization of input service credit. Conversely, invocation of the extended period under the proviso and imposition of mandatory penalty under Section 78(1) of the FA are set aside: the Tribunal finds no positive act of wilful suppression or misstatement, the valuation issue arose from bona fide legal interpretation, revised returns were filed pre-order, and the extended period is unjustified. The O-in-O is modified accordingly; appeal allowed in part.
CESTAT affirms that, having upheld the service tax demand, interest under Section 75 of the FA is automatically chargeable and the Appellant must pay appropriate interest for belated utilization of input service credit. Conversely, invocation of the extended period under the proviso and imposition of mandatory penalty under Section 78(1) of the FA are set aside: the Tribunal finds no positive act of wilful suppression or misstatement, the valuation issue arose from bona fide legal interpretation, revised returns were filed pre-order, and the extended period is unjustified. The O-in-O is modified accordingly; appeal allowed in part.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
