Tag:
penalty
GST
Gujarat HC Quashes Interest, Penalty in GST Transitional Credit Dispute
The Gujarat High Court has quashed the interest and penalty in the GST transitional credit dispute.The bench of Justice Bhargav D. Karia and Justice...
International Taxation
Why Does Trump Consider a 25% Tariff and ‘Penalty’ on Indian Goods?
Trump reiterated that his administration is considering imposing a 25% tariff rate on Indian goods, alongside an additional “penalty” tariff and linked the action...
Indirect Taxes
Gold Smuggling in Shoes: CESTAT Cuts Rs. 30 Lakh Penalty to Rs. 10 Lakh
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata, has reduced the penalty imposed on Suvadeep Dutta from Rs. 30 lakh to Rs....
Indirect Taxes
Customs Act | Penalty Can Be Levied Only If Goods Are Liable To Confiscation: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that penalty under section 114 of the Customs Act can...
Indirect Taxes
Penalty Can’t Be Imposed Without Recording Statement Of Accused: CESTAT
The Ahmedabad bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that a penalty cannot be imposed without recording statement of...
Indirect Taxes
Penalty Can’t Be Imposed In Absence Of Confiscation Of Goods: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that penalty cannot be imposed in absence of confiscation of...
Indirect Taxes
Penalty/Late Delivery Charges Not Subjected To Service Tax: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that penalty/late delivery charges cannot be subjected to Service Tax.The...
Indirect Taxes
Delhi High Court Quashes Assistant DGFT’s Order Imposing Penalty Of Rs. 50,00,000 Under Foreign Trade (Development & Regulation) Act, 1992
The Delhi High Court quashed the assistant DGFT's order imposing a penalty of rs. 50,00,000 under the Foreign Trade (Development & Regulation) Act, 1992.The...