Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2014 (9) TMI 70

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... had dealt with goods which he knew was liable for confiscation. In the present case, neither in the show-cause notice nor in the adjudication order, is there any proposal or findings to the effect that the goods are liable to confiscation. In the absence of such a proposal or finding imposition of penalty under Rule 26 cannot be prima facie sustained - waiver from pre-deposit of penalty adjudged a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... td, which was admitted by the appellant herein, who was Managing Director of the appellant firm during the course of investigation. A duty demand of ₹ 5,03,112/- was confirmed along with interest thereon and also imposing equivalent amount of penalty on the asessee, namely, M/s Shri Saptshringi Board Paper Mills Pvt. Ltd. In addition, a penalty of equivalent amount was also imposed under R .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates