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

Penalty of Rs. 10,000 upheld for procedural lapses in provisional assessment under Customs Act.

A penalty of Rs. 10,000 was upheld against an appellant for failing to submit necessary documents within the required timeframe for provisional assessment under the Customs Act, 1962, and related regulations. The delay was due to pending appeals on the same issue. The adjudicating authority imposed the penalty for procedural violations. The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) deemed the Rs. 10,000 penalty sufficient, overturning the Commissioner (Appeals)' decision to increase the penalty to Rs. 50,000 per Bill of Entry. The appeal was allowed in favor of the appellant. .....

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