Penalty Must Match Duty Evaded When Extended Limitation Period Is Invoked; No Discretion Allowed by Authorities.

Penalty Must Match Duty Evaded When Extended Limitation Period Is Invoked; No Discretion Allowed by Authorities. https://www.taxtmi.com/highlights?id=73056 Quantum of penalty - It is a settled law that in a case where demand has been confirmed invoking extended period of limitation penalty equivalent to duty evaded needs to be imposed and there is no discretion to any authority as held by the Hon’ble Supreme Court - AT en-us Fri, 17 Nov 2023 12:09:00 +0530 Fri, 17 Nov 2023 12:09:00 +0530 TaxTMI RSS Generator Penalty Must Match Duty Evaded When Extended Limitation Period Is Invoked; No Discretion Allowed by Authorities. https://www.taxtmi.com/highlights?id=73056 Quantum of penalty - It is a settled law that in a case where demand has been confirmed invoking extended period of limitation penalty equivalent to duty evaded needs to be imposed and there is no discretion to any authority as held by the Hon’ble Supreme Court - AT Highlights Central Excise Fri, 17 Nov 2023 12:09:00 +0530 https://www.taxtmi.com/highlights?id=73056