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

2004 (4) TMI 512

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Shri R.C. Sankhla, SDR, for the Respondent. [Order per : S.S. Kang, Vice-President]. Heard both sides. 2. The applicant filed this application for waiver of pre-deposit of duty of Rs. 2,77,61,571/- and Rs. 4,05,785/- and penalty of Rs. 50 lakh and Rs. 10,000/-. The contention of the applicant is that they are 100% Export Oriented Unit and letter of permission was issued on 16th August, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the copy of licence and the letter of permission produced by the applicant and there is no condition regarding value or quantity based export in a specific period. Therefore, letter of permission issued for 10 years is valid till 16th August, 2006. In these circumstances, we prima facie that the applicant had a strong case in their favour. Therefore, pre-deposit of duty and penalty is waived for .....

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