HomeIndirect TaxesImporter Lacked Knowledge of Fraudulent Duty Credit Scrip: CESTAT Quashes Rs. 10...

Importer Lacked Knowledge of Fraudulent Duty Credit Scrip: CESTAT Quashes Rs. 10 Lakh Penalty

The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT)has held that a penalty under Section 114AA cannot be imposed on an importer unless there is clear evidence of knowledge or intentional use of false or forged documents.  The bench of  Justice Dilip Gupta (President) and P.V.Subba Rao (Technical Member) while upholding the…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 5+ 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 as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.

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