2008 (11) TMI 527 - AT - Customs

Penalty - Delayed payment of Foreign Travel tax - recovery of interest - suppression, willful mis-statement, collusion etc.

Summary

The Appellate Tribunal CESTAT, New Delhi ruled in favor of the appellant, setting aside the interest and penalty imposed for delayed payment of foreign travel tax. The penalty notice was issued beyond the statutory limitation period of six months from the date of filing the return, without allegations of suppression or collusion. The appeal was allowed based on this ground alone. (2008 (11) TMI 527 - CESTAT, New Delhi)