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

2017 (7) TMI 1116

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d time of 90 days under CBLR, 2013. Apart from not commenting on the Tribunal’s final order in the appellant own case on very same issue, the Commissioner totally ignored the binding precedence of various orders passed by the Tribunal and Hon’ble High Courts of Delhi, Madras, on this very issue of time schedule under CBLR, 2013 - the Original Authority shall be more delegant and careful before .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n was challenged before the Tribunal. The Tribunal vide final order No. 50139 of 2017, dated 5-1-2017 by CESTAT, New Delhi set aside the suspension order. The Tribunal observed that the time period prescribed in terms of Regulation 20 has not been adhered to by the Licensing Authority and as such any proceedings consequent of such delayed action is not valid. The Learned Counsel submitted that the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... reported to the Competent Authority on 28-6-2016. The show cause notice to revoke the licence was issued on 1-11-2016, which is way beyond the stipulated time of 90 days under CBLR, 2013. In fact, on this very reason, the suspension ordered on 21-7-2016 was held invalid by the Tribunal, in the final order dated 5-1-2017. The said final order was brought to the notice of Commissioner before the pr .....

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