2022 (12) TMI 1408

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.... For the Appellant : Shri Archit Agarwal, Chartered Accountant. For the Respondent : Shri Amrendra Kumar Jha, Dy. Commissioner Authorised Representative. ORDER PER: DR. SUVENDU KUMAR PATI We have heard both the parties and perused the case record. 2. As has been noticed, main Appellant M/s. Kanoria Chembond Pvt. Ltd. had settled the dispute under the Sabka Vishwas (Legacy Dispute R....

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....t of the required money no further penalty can be imposed on the Appellant but to the application filed by the present Appellant, Respondent-Department has issued Form No. SVLDRS-3 asking for payment of redemption fine which it had inadvently missed out to impose on the main Appellant before settlement of its case, which is otherwise also not imposable under the scheme in view of the judgment of t....

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....under the Sabka Vishwas (Legacy Dispute Resolution) Scheme Rules, 2019 having been given a lawful consideration, he would have paid nil penalty in view of the relief available to him under Section 124(i)(b) of the Sabka Vishwas (Legacy Dispute Resolution) Scheme Rules 2019, we are of the considered view that even after failure on the part of the Appellant to avail the benefits of the scheme in its....