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CESTAT Chennai Reduces Redemption Fine & Quashes Penalty in Used Machinery Import Case

Case Law Details

Case Name
Angel Starch & Foods Pvt Ltd Vs Commissioner of Customs (CESTAT Chennai)
Date of Judgement/Order
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Advertisement Angel Starch & Foods Pvt Ltd Vs Commissioner of Customs (CESTAT Chennai) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai, in the case of Angel Starch & Foods Pvt Ltd v. Commissioner of Customs, partially allowed an appeal against an adjudication order that had denied the benefit of the Export Promotion Capital Goods (EPCG) Scheme for imported machinery, re-determined its value, ordered confiscation, and imposed a redemption fine and a penalty. Factual Background Angel Starch & Foods Pvt Ltd, a starch manufacturer, imported machinery decla...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,808

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