The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai set aside redemption fine and penalty imposed after reduction, on confirmation of confiscation, albeit after reduction in appellate proceedings attendant upon confirmation of confiscation ordered under section 111(o) of Customs Act, 1962. The appeal was filed by Apex International, the appellant against the order of…
Source Taxscan
Latest Posts in "India"
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries
- Finance Minister Addresses GST Transition Concerns, Outlines Measures for Smooth Implementation
- Rajasthan HC Rules Principal-to-Principal Service Contracts as Export, Not Intermediary, Under GST