New User   Login      
Tax Management India .com TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2016 (1) TMI 8 - CESTAT MUMBAI

2016 (1) TMI 8 - CESTAT MUMBAI - TMI - Waiver of pre deposit - Demand of differential duty - EPCG Scheme - Held that:- EPCG scheme under which the car was imported has time till 2018, that is for fulfilling the export obligations as committed by the appellant. Be that as it may, it is undisputed that the car imported is registered in the name of main appellant who is in the hospitality business. It is also seen from the records that they have been showing revenue accrued in foreign exchange earn .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ion No. C/S/95891, 95892/14, Appeal No. C/87843, 87844/14 - Dated:- 29-6-2015 - M V Ravindran, Member (J) And P S Pruthi, Member (T) For the Appellant : Shri V M Dolphode, Adv For the Respondent : Shri A K Singh, Addl Commissioner (AR) ORDER Per M V Ravindran These stay petitions are filed for waiver of pre-deposit of the amount of differential duty confirmed and penalties imposed on the appellants. 2. The relevant facts that arise for consideration are Icon Hospitality - the main appellant, had .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ed the car for transportation of tourists who stayed in their hotels. He would submit that the period for complying with the requirement of complying with the conditions of EPCG scheme is till 2018. It is also his submission that appellant had executed a bank guarantee of ₹ 50 lakhs while seeking provisional release of the car and the said bank guarantee is still alive and it may be considered as enough deposit for hearing and disposing the appeals on merits. 4. Learned Departmental Repres .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| 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