Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
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CESTAT allowed the appeal in part: it upheld the original rejection of the declared transaction value, the re-determination of assessable value and duty, and the order of confiscation under s.111(d) & (m) of the Customs Act, while reducing the redemption fine in lieu of confiscation under s.125 to Rs.26,50,000 and setting aside the penalty imposed under s.114A. The Tribunal found the appellant's claim of bona fide import under the EPCG scheme not implausible and noted absence of findings of invoice manipulation or wilful suppression; it further held that once duty as assessed was paid without a s.28(8) demand, imposition of s.114A penalty was untenable.
CESTAT allowed the appeal in part: it upheld the original rejection of the declared transaction value, the re-determination of assessable value and duty, and the order of confiscation under s.111(d) & (m) of the Customs Act, while reducing the redemption fine in lieu of confiscation under s.125 to Rs.26,50,000 and setting aside the penalty imposed under s.114A. The Tribunal found the appellant's claim of bona fide import under the EPCG scheme not implausible and noted absence of findings of invoice manipulation or wilful suppression; it further held that once duty as assessed was paid without a s.28(8) demand, imposition of s.114A penalty was untenable.
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