TMI BlogPre-deposit payment at Tribunal AppealX X X X Extracts X X X X X X X X Extracts X X X X ..... Pre-deposit payment at Tribunal Appeal X X X X Extracts X X X X X X X X Extracts X X X X ..... eals) or 2.5% is sufficient.Please explain ,thanks and regards. Reply By Pradeep Khatri: The Reply: Dear Sandesh, Please check the following link for clarification. http://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=5835 Regards YAGAY and SUN (Management and Indirect Tax Consultants) Reply By Sachin Sharma: The Reply: If appeal is filed before commissioner appeal t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hen 7.5% pre-deposit would would be mandatory. subsequently if appeal is in favor of assessee then assessee would get refund for the same and if its against than assessee would be left with the option of filing of appeal in tribunal, in such case assessee would be required to pay 10% including all payments made in this regard not even appeal but also payment made during audit or investigat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion. Only short amount which is less than 10 % portion would be payable. (10% - 7.5% =2.5%). Reply By Naveed S: The Reply: Yes, in your case only 2.5 % is required to be paid, as 7.5 % already deposited with Commissioner (Appeals), as explained above. Reply By Ravi Kumar Somani: The Reply: Please find attached link to the recent clarification issued by the department i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n this regard.
http://cbec.gov.in/excise/cx-circulars/cx-circ14/984-2014cx.htm X X X X Extracts X X X X X X X X Extracts X X X X
|