Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

1994 (9) TMI 209

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... plication filed by the applicant praying that the market value of the goods as on the date with respect to the V.C.R. in question may be ordered to be paid to him. It is now seen that in terms of Order No. 89/Cal/89-89, dated 17-4-1989 the Tribunal allowed the applicant to redeem the V.C.R. in question on payment of a fine of Rs. 3,500.00. But when the applicant approached the Department, he was t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Hon ble High Court of Orissa and the High Court of Orissa held that the Tribunal has no inherent power to grant such market value of the goods. 3. But the learned Advocate, Shri Mukhopadhyay contended before me that the High Court has not taken note of the decision of the Supreme Court reported in AIR-1967-S.C.-1885. But in the above-cited Supreme Court decision it was stated that the Government .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cted filed the Civil Suit for the return of the gold and the Learned Civil Judge held that since the department could not return the gold in question they are bound to pay the market value of the goods. This decision of the Civil Court was upheld by the Honourable High Court of Calcutta. Therefore, that decision also is no authority for the proposal that the Tribunal has an inherent power to grant .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hat the Tribunal has to follow the decision of the Hon ble High Court under whose jurisdiction it is situated. Therefore, it is seen that this Tribunal is within the superintendence of the Hon ble Orissa High Court also and therefore, the decision of the Orissa High Court has to be followed by this Tribunal. There are no other contrary decisions of the Calcutta High Court in this regard. Since the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates