Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Home Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles News Highlights
Extracts
Home List
← Previous Next →

APL International Private Limited Versus Assistant Commissioner of Commercial Tax

2016 (11) TMI 1263 - GUJARAT HIGH COURT

Release of attached warehoused goods - Castor Seeds - upon raiding such godown, it was found that the petitioner has stored the said goods without proper documentation with an intention to evade payment of duty - Held that: - the petitioner's estimated tax, interest and penalty liability works out to ₹ 1,54,36,314/. This takes into account maximum imposable penalty at one and a half times the tax. So far assessment is not yet made, the final liability could be ascertained. In the meantime, .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

vered by the department with the tax when interest and penalty liabilities are crystallized, the goods lying in the warehouse of M/s Edelweiss Integrated Commodity Management Limited shall be released - decided partly in favor of petitioner. - Special Civil Application No. 16619 of 2016 - Dated:- 21-10-2016 - Akil Kureshi And A. J. Shastri, JJ. Vijay H Patel, Advocate for the Petitioner Mr. Pranav Trivedi, AGP for the Respondent ORDER ( Per : Honourable Mr. Justice Akil Kureshi ) 1. The petition .....

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 duty. Since then, the goods are lying in such condition at the said godown. 2. Learned counsel for the petitioner submitted that the goods are perishable in nature and further detention would result in deterioration of its quality. Further, the petitioner has found buyers and has committed to delivering the goods before Diwali. He therefore requested that the goods may be released under appropriate conditions. 3. Learned AGP Shri Trivedi submitted that time available to the authorities to res .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Revenue. In this respect, we are not inclined to accept the version of the petitioner that the petitioner has to receive refund of nearly 10 crores of rupees from the department. We do not have full facts of such refund claims, nor do we have the details of the stages at which such claims are pending. However, a letter dated 28.03.2016 produced at AnnexureF to the petition, written by the petitioner to the VAT authorities gives us sufficient clues. Though titled as a letter, this is more in a n .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

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


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

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

Go to Mobile Version