Not Enough Evidence to Prove Illegal Procurement of Plastic Scrap from Nepal: CESTAT quashes Confiscation Order, Redemption Fine and reduces Penalty [Read Order]
In the case of plastic granules, the assessee though initially has not claimed the ownership, but has come forward to redeem the same on payment of redemption fine and the relevant payment of the relevant Customs duty
In a recent ruling, the Kolkata bench of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) quashed the confiscation order and redemption fine, while reducing the penalty, stating that there was not enough evidence to prove the illegal procurement of plastic scrap from Nepal The present Assessee Bindeshwari Poddar, who is the owner of…
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
