Appeal Dismissed Due to Low Tax Effect: Amount Involved Below Rs. 1 Crore Threshold, Deemed Non-Maintainable. https://www.taxtmi.com/highlights?id=77378 Monetary limit for appeal to the High Court - The appeal involves a total sum of Rs. 60 lakhs, consisting of the redemption fine and penalty. Citing Instructions dated 02.11.2023 and earlier directives, the respondent asserts that appeals below a certain monetary threshold should be dismissed. The latest instruction sets this threshold at Rs. 1 crore for appeals to the High Court. Since the issue at hand involves amounts below this threshold, the appeal is deemed non-maintainable due to its low tax effect. en-us Mon, 13 May 2024 13:30:47 +0530 Mon, 13 May 2024 13:30:47 +0530 TaxTMI RSS Generator Appeal Dismissed Due to Low Tax Effect: Amount Involved Below Rs. 1 Crore Threshold, Deemed Non-Maintainable. https://www.taxtmi.com/highlights?id=77378 Monetary limit for appeal to the High Court - The appeal involves a total sum of Rs. 60 lakhs, consisting of the redemption fine and penalty. Citing Instructions dated 02.11.2023 and earlier directives, the respondent asserts that appeals below a certain monetary threshold should be dismissed. The latest instruction sets this threshold at Rs. 1 crore for appeals to the High Court. Since the issue at hand involves amounts below this threshold, the appeal is deemed non-maintainable due to its low tax effect. Highlights Customs Mon, 13 May 2024 13:30:47 +0530 https://www.taxtmi.com/highlights?id=77378