Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Goods manufactured as health and nutritional supplements were classified under CTH 21069099 as food mixes, and assessment on retail sale price basis with 35% abatement was upheld. The Tribunal held that the notification benefit could be available in principle, but only on strict verification of the condition that no Cenvat credit was availed on inputs or input services; the matter was remanded for that limited verification and fresh quantification. It also held that complete non-registration and non-filing of excise returns constituted suppression with intent to evade duty, so the extended period and penalty liability were sustained, with penalty quantum left for re-determination in remand.
Goods manufactured as health and nutritional supplements were classified under CTH 21069099 as food mixes, and assessment on retail sale price basis with 35% abatement was upheld. The Tribunal held that the notification benefit could be available in principle, but only on strict verification of the condition that no Cenvat credit was availed on inputs or input services; the matter was remanded for that limited verification and fresh quantification. It also held that complete non-registration and non-filing of excise returns constituted suppression with intent to evade duty, so the extended period and penalty liability were sustained, with penalty quantum left for re-determination in remand.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4819 
Join Channel 
