CESTAT Set asides Penalty for Confiscation of Iron or Non-alloy steel on ground of Non-violation of Advance License under Customs notification [Read Order]

By Shabna Rahim - On October 20, 2023 10:30 am - 2 mins read
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The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty for confiscation of iron or non-alloy steel on the ground of non-violation of advance license under Customs Notification.Ā  Namco Industries Pvt. Ltd, the appellant assessee engaged in the manufacture of flat rolled products of iron or non-alloy steel falling…

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