Sponsored
    Follow Us:

Case Law Details

Case Name : Sri Sai Graphics Vs Commissioner of Customs (CESTAT Bangalore)
Related Assessment Year :
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Sri Sai Graphics Vs Commissioner of Customs (CESTAT Bangalore)

The core issue in these appeals revolves around the fine and penalty to be imposed on the appellant for importing MFDs without adhering to DGFT’s licensing conditions. It was observed by the Tribunal that in many similar cases, when the value is enhanced based on the Chartered Engineer’s certificate without market enquiry, a fine and penalty of 10% and 5% respectively, based on the enhanced value, is deemed just. This stance has been consistently held

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31