The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has held that a person found carrying smuggled gold cannot escape penalty merely by claiming to be a carrier. However, the penalty was reduced from Rs. 6 lakh to Rs. 1 lakh. The bench of Ashok Jindal (Judicial Member) has observed that gold is…
HomeIndirect TaxesGold Carrier Liable for Penalty Even Without Ownership Proof; CESTAT Reduces Fine...
Gold Carrier Liable for Penalty Even Without Ownership Proof; CESTAT Reduces Fine to Rs. 1 Lakh
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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