GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
What's New Case Laws Highlights Articles News Forum Short Notes Statutory TMI SMS More ...
Extracts
Home List
← Previous Next →

2015 (11) TMI 1230 - MADRAS HIGH COURT

2015 (11) TMI 1230 - MADRAS HIGH COURT - 2015 (325) E.L.T. 653 (Mad.) - Waiver of pre deposit - Denial of duty drawback claim - Imposition of penalty - Held that:- Though substantially the Tribunal has directed only 1/3rd or 1/4th of the penalty amount to be deposited as a pre-condition for entertaining the appeals and though in normal circumstances, we would not interfere with such an order, the cases on hand falls under a different category. The appeals filed by the appellants are pending from .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r of assessee. - C.M.A. Nos.2163 to 2165 of 2015 And M.P.No.1 of 2015 - Dated:- 1-10-2015 - Mr. V.Ramasubramanian And Mr. T.Mathivanan, JJ For the Petitioner : Mr.S.P.Harikrishnan For the Respondents : Mr.A.P.Srinivas,Sr.Standing counsel JUDGMENT V.RAMASUBRAMANIAN, J. These appeals are by three different assessees, questioning the correctness of a common order passed by the Customs Excise and Service Tax Appellate Tribunal, directing them to make a pre-deposit of a portion of penalty levied upon .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

05 and 25.11.2005. Thereafter, the Proprietor of a concern, by name, M/s.Sri Sairam Exports, which is the appellant in C.M.A.No.2163 of 20015, appeared before the Docks Intelligence Unit and claimed ownership of the goods. He claimed that he had floated M/s.Sindhu Textiles and had filed shipping bills. 4. Therefore, search of the premises of M/s.Sindhu Textiles was conducted. On the basis of the enquiries and searches conducted, it was found that M/s.Sri Sairam Exports had purchased the consignm .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ds, but allowed redemption on payment of a fine of ₹ 3,00,000/-(rupees three lakhs). The duty drawback to the extent of ₹ 12,22,923/- allegedly availed unduly by the appellants, was directed to be recovered with interest from M/s.Sri Sairam Exports. A penalty of ₹ 2,00,000/- (Rupees two lakhs) was imposed upon M/s.J.M.Fashions; a penalty of ₹ 3,00,000/- (Rupees three lakhs) was imposed upon M/s.Sri Sairam Exports and a sum of ₹ 2,50,000/- (rupes two lakhs fifty thou .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ut of the penalty of ₹ 2.5 lakhs. Similarly, the Tribunal directed M/s.J.M.Fashions to deposit ₹ 50,000/- out of the penalty of ₹ 2 lakhs. The Tribunal took note of the fact that the entire duty drawback amount of ₹ 12,22,923/- (Rupees twelve lakhs twenty two thousand nine hundred twenty three) had already been recovered from M/s.Sri Sairam Exports. 6. Aggrieved by the pre-deposit condition, the appellants filed W.P.Nos.5782 to 5784 of 2008 on the file of this Court. Thes .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Advanced Search


Latest Notifications:

    Dated      Category

20-7-2017 Cus (NT)

20-7-2017 GST CESS Rate

19-7-2017 IT

19-7-2017 IT

18-7-2017 IT

18-7-2017 CE (NT)

18-7-2017 CE

18-7-2017 GST CESS Rate

15-7-2017 Kerala SGST

14-7-2017 Andhra Pradesh SGST

14-7-2017 Cus (NT)

14-7-2017 Cus

13-7-2017 Co. Law

13-7-2017 Co. Law

13-7-2017 ADD

13-7-2017 ADD

12-7-2017 Jammu & Kashmir SGST

12-7-2017 Gujarat SGST

12-7-2017 Gujarat SGST

12-7-2017 CGST Rate

More Notifications


Latest Circulars:

21-7-2017 Goods and Services Tax

20-7-2017 Goods and Services Tax

20-7-2017 Goods and Services Tax

19-7-2017 Goods and Services Tax

19-7-2017 Income Tax

18-7-2017 Customs

17-7-2017 Customs

14-7-2017 Income Tax

13-7-2017 Central Excise

13-7-2017 Customs

More Circulars



|| 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