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 partially allowed the appeal by the Appellant. The Tribunal held that the warehousing period for the goods expired after 20.03.2020 and, in light of the national limitation extension during the COVID period, the prescribed warehousing period must be adjusted accordingly; consequently the Appellant's claim for remission of customs duty and interest in respect of the balance warehoused goods under s.23, Customs Act, 1962, is sustained and the denial in the impugned order set aside. The levy of duty under s.72(1)(d) is mitigated by remission for the specified goods. A general penalty under s.117 was confirmed but reduced in the interest of justice to Rs.25,000. Appeal allowed in part.
CESTAT partially allowed the appeal by the Appellant. The Tribunal held that the warehousing period for the goods expired after 20.03.2020 and, in light of the national limitation extension during the COVID period, the prescribed warehousing period must be adjusted accordingly; consequently the Appellant's claim for remission of customs duty and interest in respect of the balance warehoused goods under s.23, Customs Act, 1962, is sustained and the denial in the impugned order set aside. The levy of duty under s.72(1)(d) is mitigated by remission for the specified goods. A general penalty under s.117 was confirmed but reduced in the interest of justice to Rs.25,000. Appeal allowed in part.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
