Appellants imported copper scrap through high seas sale but ...

Copper Scrap Import Goes Awry: Empty Containers, Lost Remittance, Penalties Reconsidered.

December 27, 2024

Case Laws FEMA AT

Appellants imported copper scrap through high seas sale but containers were found empty. Remittance made without receiving goods. AT held contravention of Section 10(6) of FEMA. Penalty on appellant Madhusudan Jhanwar set aside as he wasn't responsible for business conduct. Penalty on appellant Rajesh Jhanwar reduced to 25% as he made efforts to recover amount though not serious. Order partially modified.

View Source

← Previous Next →

Appellants imported copper scrap through high seas sale but ...

Copper Scrap Import Goes Awry: Empty Containers, Lost Remittance, Penalties Reconsidered.

December 27, 2024

Case Laws FEMA AT

You may also like:

Undervaluation of imported goods - Brass Scrap, Electrolytic Copper Wire Bars/ Rods, LLDPE etc - ITC violation - mis-declaration of importer's relationship with the...

Cenvat Credit - input services - services of empty containers sent back to the yard - credit allowed - AT

Contravention of Sections 8(3), 8(4), and 9(1)(b) of FERA established - illegal foreign exchange remittance abroad disguised as charges for imports that never occurred....

Release of detained empty container denied - demurrage - As the importer has been found guilty, they could be made liable for payment of rental dues and not the container owner.

Appellants challenged confiscation of containers, imposition of redemption fine, and penalty due to inordinate delay in adjudication. Tribunal found procedural lapse by...

Determining whether certain goods, specifically old used iron scrap, used lead acid batteries, old used aluminum utensils and other aluminum scrap, old used brass...

Clearance of import of metal scrap - Procedure

Classification of imported goods - MTS Heavy Melting Scrap - ship anchor chains - the imported goods are required to be considered as metallic scrap as per the...

The amount of service tax paid on the transportation of the empty containers from yard to factory for stuffing of the export goods and return of the empty container is...

CENVAT Credit - sale of discarded scrap, i.e. used empty drums and empty bags - applicability of Rule 6 (3) - the said Rule has wrongly been invoked in case of the...

Classification - Broken Copper Cathode - Even if imported goods are not considered as ‘Sections of Cathodes’ then also the imported goods could be classified as ‘-Other’...

The case pertains to the import of restricted goods, specifically marbles and mosaics, under the Import Policy at a value lower than the Minimum Import Price notified by...

Manufacture - process of cutting of waste plastic container - Such plastic containers before and after cutting are nothing but waste / scrap - Not a manufacturing...

The appellate tribunal addressed two main issues regarding the non-payment of service tax by the appellant. Firstly, it examined the non-payment of service tax on ground...

The activity of filling imported Hepta Propane/FM-200 gas from bulk containers into smaller empty cylinders does not constitute a manufacturing process under Note 9 to...

Quick Updates: