2016 (4) TMI 1278

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ORDER Archana Wadhwa (Judicial Member) In all the appeals being disposed of by a common order, the challenges only to imposition of penalties upon the assessee, in as much as the entire tax and interest stand paid by them. 2. It is seen that during the relevant period, the appellant was engaged in manufacture and export of yarn and was availing the services of the Foreign Commission Agents for ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ay High Court in the case of Indian Natinal Ship Owners Association (supra), clarified the law by their judgment dated 11/12/2008. We agree with the learned Advocate that prior to declaration of law by the Hon'ble High Court, there was utter confusion in the field and the law got settled only with the said judgment. The period involved in the present case is admittedly prior to the said decision o....