Bonafide of Usha International cannot be suspected just because vendor chose to affix different price tag: CESTAT quashes redemption fine [Read Order]

Quashing the imposition of redemption fine, the CESTAT rules bonafide of Usha International cannot be suspected just because vendor chose to affix different price tag
By Kalyani B. Nair - On January 6, 2024 9:02 pm - 2 mins read
Usha International - Bonafide of Usha International - vendor - CESTAT - redemption fine - CESTAT quashes redemption fine -

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the imposition of redemption fine and held that the bonafide of Usha International cannot be suspected just because vendor chose to affix different price tag. While assessing the Bill-of-Entry, the container was opened on a second check basis and upon inspection,…

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