Interest on Wrongful Input Tax Credit is mandatory where excess transitional credit was retained and later reversed, and related objections were rejec...
Reopening Assessments invalid where satisfaction and jurisdictional approval are absent for third party seized material, leading to quashing of assess...
The dominant issue was whether the statutory appeal was filed within the limitation period prescribed under Section 128(1) of the Customs Act, 1962, and within the further condonable period available to the appellate authority. The tribunal held that the appellant admittedly became aware of the order on 16.08.2021, yet filed the appeal well beyond the maximum period that could be condoned, and the Commissioner (Appeals) therefore lacked jurisdiction to entertain it, consistent with the principle that delay beyond the statutorily condonable limit cannot be excused. Consequently, the appeal was dismissed as time-barred. - CESTAT
The dominant issue was whether the statutory appeal was filed within the limitation period prescribed under Section 128(1) of the Customs Act, 1962, and within the further condonable period available to the appellate authority. The tribunal held that the appellant admittedly became aware of the order on 16.08.2021, yet filed the appeal well beyond the maximum period that could be condoned, and the Commissioner (Appeals) therefore lacked jurisdiction to entertain it, consistent with the principle that delay beyond the statutorily condonable limit cannot be excused. Consequently, the appeal was dismissed as time-barred. - CESTAT
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