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

2016 (5) TMI 506 - SUPREME COURT

2016 (5) TMI 506 - SUPREME COURT - 2016 (332) E.L.T. A248 (SC) - Imposition of penalty - Determination of cost of compressor and assessable value - Tribunal [2006 (7) TMI 665 - CESTAT NEW DELHI] held that appellant had kept the Department in the dark of the true value of their products-both excisable and exempted and the items in question did not reflect their actual value is, therefore, acceptable in toto. Therefore, the penalty is imposable - Apex court has set aside the impugned order remande .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the case back for fresh consideration on certain specific issues mentioned therein. After hearing the counsel for the parties, we are of the opinion that same treatment needs to be meted out to this appeal as well. Accordingly, following the aforesaid judgment, we set aside the impugned order and remand the case back to the Commissioner/Adjudicating Authority to decide the matter afresh and in particular, deal with the following issues : - 1. Issue relating to determining the costing of each 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

 

 

 

 

 



|| 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