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...
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The CESTAT allowed the appeal and set aside the penalty imposed under s.114(iii) of the Customs Act against the CHA. The Tribunal held that the adjudicatory record did not establish culpable conduct by the Appellant: exports were examined and passed by Customs officers, the Appellant obtained the exporter's signature on the shipping bills which constituted sufficient authorization in the absence of any prescribed proforma, and the prosecution failed to prove non-verification or fraudulent overvaluation attributable to the CHA. In consequence, statutory penalty under s.114 was unwarranted and the impugned order imposing penalty is quashed, with the appeal accordingly allowed.
The CESTAT allowed the appeal and set aside the penalty imposed under s.114(iii) of the Customs Act against the CHA. The Tribunal held that the adjudicatory record did not establish culpable conduct by the Appellant: exports were examined and passed by Customs officers, the Appellant obtained the exporter's signature on the shipping bills which constituted sufficient authorization in the absence of any prescribed proforma, and the prosecution failed to prove non-verification or fraudulent overvaluation attributable to the CHA. In consequence, statutory penalty under s.114 was unwarranted and the impugned order imposing penalty is quashed, with the appeal accordingly allowed.
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