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Customs - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

100% EOU - Improper accounting of the imported materials - ...


EOU Accused of Misaccounting Imports Avoids Penalty Due to Lack of Specific Charges and Section 72 Invocation.

October 23, 2015

Case Laws     Customs     HC

100% EOU - Improper accounting of the imported materials - Relevant provision of Section 72 was not invoked and there was no charge or SCN in support of such demand; assessee cannot be asked to answer the charge, which is not specifically raised - HC

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