Home Case Index All Cases Customs Customs + AT Customs - 2013 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (9) TMI 585 - AT - Customs100% EOU - validity of LOP - Confiscation of goods – demand of duty u/s 111(o) – redemption fine u/s 112 r.w. 72 – assesses were directed by the lower authorities to produce extension of the validity of a Letter of Permission from the Development Commissioner in order to install the said machinery - relied upon the judgement of NAVA BHARAT ENTERPRISES LTD. Versus COMMR. OF C. EX., GUNTUR [2009 (12) TMI 396 - CESTAT, BANGALORE] – Held that:- Order confiscating the capital goods and raw materials and imposing redemption fine and penalty on the EOU - the machinery imported by the assesse were liable for confiscation - penalties imposed on the assesse set aside - uphold the confirmation of duty liability and interest thereof, we find that the - Assesse had made out a case for setting aside the confiscation ordered by the adjudicating authority and also for setting aside the penalties imposed u/s112 – Decided partly in favor of assessee.
|