https://www.taxtmi.com/caselaws?id=238257 The tribunal found the appellants failed to prove a prima facie case for duty on the unaccounted 227.86 MT of scrap salvaged from a sunken ship. The appellant's argument that the salvage quantity was lower due to the ship's condition was not accepted, leading to a duty demand on this amount. However, regarding the GTA service tax credit, the tribunal granted the benefit of doubt to the appellant for now, agreeing to consider the agreement details at a later stage. The Accounts Officer faced a penalty for failing to understand legal obligations, which was reduced to Rs. 50,000, with specified deposit requirements and compliance deadlines set by the tribunal. en-us Tue, 13 Aug 2013 00:00:00 +0530 Sat, 19 Oct 2013 05:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238257 The tribunal found the appellants failed to prove a prima facie case for duty on the unaccounted 227.86 MT of scrap salvaged from a sunken ship. The appellant's argument that the salvage quantity was lower due to the ship's condition was not accepted, leading to a duty demand on this amount. However, regarding the GTA service tax credit, the tribunal granted the benefit of doubt to the appellant for now, agreeing to consider the agreement details at a later stage. The Accounts Officer faced a penalty for failing to understand legal obligations, which was reduced to Rs. 50,000, with specified deposit requirements and compliance deadlines set by the tribunal. Case-Laws Central Excise Tue, 13 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238257