Clandestine Removal - Numbers are mentioned in the Annexure to ...

Excise Case Disputes Alleged Shortage; Numbers Detailed in Annexure, Not Based on Eye Estimation.

August 12, 2013

Case Laws Central Excise AT

Clandestine Removal - Numbers are mentioned in the Annexure to Panchnama and therefore it is wrong to say that shortage is based on eye estimation. - AT

View Source

← Previous Next →

Clandestine Removal - Numbers are mentioned in the Annexure to ...

Excise Case Disputes Alleged Shortage; Numbers Detailed in Annexure, Not Based on Eye Estimation.

August 12, 2013

Case Laws Central Excise AT

You may also like:

The CESTAT ruled that Ziking (slag), a by-product emerging during Silico Manganese manufacture, is not subject to excise duty. Following precedents in Monnet Ispat and...

Procedure relating to sanction, post-audit and review of refund claims - Guidelines issued to ensure uniformity in issuance of speaking order for refund - Details...

Dishonor of cheque - If a notice is given on the basis of incorrect cheque number, then the entire foundation will fall and the complainant cannot maintain his complaint...

Refund claim - service tax towards the GTA services - Notification No. 41/200 ST - the transport documents contained the details of export goods along with exporter’s...

This circular from SEBI provides the periodic reporting format for Research Analysts and Proxy Advisers. Key points: - Research Analysts (RAs) are required to furnish...

Maintainability of application u/s 9 of IBC, 2016 for non-payment of dues arising from supply of manpower services hinges on existence of pre-existing dispute between...

CESTAT adjudicated a central excise duty dispute involving alleged clandestine removal of goods without valid invoices. The tribunal invalidated the demand of Rs....

Seeks to refund the GST - deposited against the non-migrated GST - The petitioner argued that they had only been using the migrated GST number and were surprised to...

Clandestine production and removal - excesses and shortages in stock - The quantum of excess and shortages determined by the exercise of stock taking is negligible in...

Valuation by DVO - addition based on estimated cost disregarding actual cost as per books - applicability of section 142A before amendment - non-rejection of books - AO...

The appellant paid excise duty on the removal of inputs as such, based on the transaction value. However, this excise duty was found to be in excess of the actual CENVAT...

100% EOU - Clandestine removal - illicit clearance of imported yarn and indigenous Yarn - detection of shortages at the time of the visit of the officers - The Appellant...

Suppression of tax - alleged unaccounted sales - scope of the word 'an estimate' - one need not dwell into all details furnished by the Intelligence Officer in...

HC ruled in favor of revenue department, reversing lower authorities' decision to apply 12.5% estimation on bogus purchases. Assessee failed to explain source of...

In a case regarding GP estimation, the Assessing Officer (AO) applied an 8% profit rate on the assessee's turnover, which did not match Form 26AS. The CIT(A),...

Quick Updates: