Mis-declaration of Brush Cutters as Power Operated Reapers: CESTAT upholds Reclassification and confirms Duty Demand and Penalties [Read Order]

Additionally, the penalty on Shri Sreepada, a partner in the appellant company, was lowered to Rs. 50,000, and penalties under Section 114AA were set aside
By Sneha Sukumaran Mullakkal - On September 30, 2024 4:30 pm - 2 mins read
CESTAT - Customs Excise and Service Tax Appellate Tribunal - CESTAT Bangalore - Mis-declaration - duty demand - TAXSCAN

In the recent ruling,the Bangalore bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) upheld the reclassification of Brush Cutters misdeclared as Power Operated Reapers by the assessee, confirming a duty demand of Rs. 53,37,203 and reducing the redemption fine to Rs. 3,00,000. Fortune Agro Impex,the appellant-assessee,filed Bill of Entry No. 3751556 on 08.11.2013…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader