Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Commr. Of Customs (Preventive) Jamnagar Versus M/s Essar Oil Ltd.

2015 (11) TMI 136 - SUPREME COURT

EPCG benefit - Confiscation of goods - reduction in redemption fine - violation of Section 45 of the Customs Act - goods were shifted without payment of duty and without authorization of the proper officer - Held that:- there is a clear violation of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

d this aspect. According to us the interest of justice would be subserved in fixing the redemption fine to the extent of 50% of the fine imposed by the Commissioner. Other directions contained in the order of the Tribunal are maintained. - Appeal dis .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Chand, Adv., Mr. Anurag, Adv., Mr. Jitin Singhal, Adv. And Mr. B. Krishna Prasad,Adv. For the Respondent : Mr. S.K. Bagaria, Sr. Adv., Mr. Mahesh Agarwal, Adv., Mr. Vivek Jain, Adv., Ms. Neha Nagpal, Adv., Mr. Rohit Jolly, Adv. And Mr. E. C. Agrawala .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of Entry. However, without paying the customs duty, the respondent as a Custodian shifted the goods from jetty area to the project site which was about 20 kilometers away. When the place was inspected and the Revenue Authorities came to know about th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

l as levying the penalty on the Custodian as well as on the importer. EPCG benefit was also denied. The respondent preferred appeal against the aforesaid order before the Tribunal. The Tribunal has confirmed the finding that there was violation of Se .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

has reduced the redemption fine and set aside the penalty. The operative part of the order read as under: 14. To sum up, we order as under:- a) Liability of the imported goods to confiscation is upheld as it is not challenged. b) Redemption fine in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version