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Central Excise - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Quantum of penalty - Company had not approached the BIFR for ...


Company Penalized for Misusing SICA to Delay Excise Duty Recovery, Misleading BIFR on Financial Troubles.

April 1, 2014

Case Laws     Central Excise     AT

Quantum of penalty - Company had not approached the BIFR for honest purpose, but sought to pursue the proceedings under SICA 1985 as a cover to stall the legitimate recovery of the due amount in Central Excise duty - penalty levied - AT

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