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2019 (1) TMI 1322 - HC - CustomsMonetary limit of amount involved in the appeal - the tax effect involved in the present appeal is ₹ 5,04,428/- - Section 130(1) of the Customs Act, 1962 - Held that:- The instructions issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs (Judicial Cell), dated 11th July, 2018, whereby, the monetary limit has been fixed for filing the appeals in the High Courts at ₹ 50,00,000/-. In Para No.3 of the aforesaid instruction, it has also been stated that wherever, monetary limit is less, the appeal shall be withdrawn and the said instruction is applicable to all the pending appeals in the High Courts. Furthermore, the tax effect involved in the present case is very small i.e. ₹ 5,04,428/- - The Apex Court in 'Commissioner of Income tax Vs. Dhanalekshmi Bank Ltd., [2015 (8) TMI 474 - SUPREME COURT], where the tax effect was low, had dismissed the appeal without going into the merits of the appeal leaving the question of law open. Appeal dismissed.
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