Tax appeal allowed: AO exceeded s.144C DRP mandate by introducing new findings and recharacterising non-resident receipts as permanent establishment i...
Anonymized petitioner gets partial relief: bank guarantee quashed, PVC-coated fabric released under reduced conditions while valuation proceedings con...
CESTAT allowed the appeal, setting aside the Commissioner's order, and held that the appellant did not engage in clandestine removal of finished goods. The Tribunal found documentary and testimonial evidence established that consignments sent to the appellant's in-house facility were testing samples for process familiarisation and analytical development, not dutiable finished products, and observed the revenue produced no contrary evidence. Discrepancies in weights recorded by courier invoices were attributed to billing weight slabs and did not prove excess quantities. Further, re-availment of previously reversed CENVAT credit upon withdrawal of refund claims was held permissible; Rule 4 of the 2004 Credit Rules did not preclude such re-credit. Appeal allowed.
CESTAT allowed the appeal, setting aside the Commissioner's order, and held that the appellant did not engage in clandestine removal of finished goods. The Tribunal found documentary and testimonial evidence established that consignments sent to the appellant's in-house facility were testing samples for process familiarisation and analytical development, not dutiable finished products, and observed the revenue produced no contrary evidence. Discrepancies in weights recorded by courier invoices were attributed to billing weight slabs and did not prove excess quantities. Further, re-availment of previously reversed CENVAT credit upon withdrawal of refund claims was held permissible; Rule 4 of the 2004 Credit Rules did not preclude such re-credit. Appeal allowed.
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