Section 114aa of customs act 1962
Web...section 114AA of Customs Act, 1962 following 1 2 proceedings initiated, and completed...hand it is asserted that the proposed valuation under Customs Act, 1962 … Web25 Mar 2024 · The Madras High Court quashed the levy of penalty under Section 112 (a) or 114AA of the Customs Act, 1962 as Show Cause Notice was not issued by the proper officer. The petitioner, Quantum Coal Energy (P) Ltd. is an importer of coal. According to the petitioners, they imported steam coal during the period from March 2012 to November …
Section 114aa of customs act 1962
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Webb) Confiscation of LLDPE under section 119 of the Customs Act, 1962 and redemption fine thereon is set aside. The same should be allowed to be cleared for home consumption on payment of applicable duties, etc. c) Penalty under section 112 of the Customs Act, 1962 is reduced to Rs. 2.5 lakhs and the penalty under section 114AA is set aside. Webappeal has been restored after the amendment of Section 129E of Customs Act, 1962, in August 2014, appellant directed to pay 7.5% of the penalty within two weeks from the date of th is order in compliance to the provisions of section 129E of the Customs Act: CESTAT [para 2] Also see analysis of the order 2015 -TIOL-1754 -CESTAT-MAD
WebSection 114A provides for levy of penalty equal to the duty or interest payable by a person in cases involving collusion or any willful mis-statement, or suppression of facts by the said person. Conjunction “or” in section 114A seems to be creating confusion at the field level. 2. WebTax Management India. Com Law and Practice : Digital eBook Search is most exciting & profitable
Web29 Dec 2024 · Commissioner (Appeals) for refraining to impose penalty under section 114AA of the Customs Act, 1962, the revenue is before me. 3. Heard the parties. 4... Shri Sanjeev Kumar, Proprietor v. C.C, Icd, New Delhi . 5. … WebLevy of penalty u/s 114AA of the Customs Act, 1962 - fraudulent obtaining DEPB certificates - the appellant had filed the Shipping Bills in good faith based on the documents provided to it and in such circumstances, set aside the penalty.
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WebLevy of penalty u/s 112 (a) and 114AA of Customs Act - mis-declaration of imported goods - fire crackers, total valued at Rs. 44,47,200/- - prohibited goods - case of appellant is that he himself is the victim of fraud by his employer Hemant Gandhi and his associates who used his name, photograph and identity for obtaining unknown numbers without … emily lehningWebTax Management India. Com Law and Practice : Digital eBook Find is most exciting & rewarding emily lehman ncregisterWeb1 Aug 2024 · C/85762,85763,85812,86211,86436,86437/2024 21 Since the appellants have made use of forged/fake invoices etc for the purpose of clearance of the goods they are also liable for penalty under Section 114AA of the Customs Act, 1962. 4.1 We have considered the impugned order along with submissions made in appeals and during the course of … emily lehman st peteWeb20 Nov 2024 · A plain reading of the Order-in-Original shows that confiscation was held under section 111(d) of the Customs Act, 1962 which pertains to import in violation of the … emily legler fanfixWebinvoice number for brand financial year, other topics drag is art and art is subjectiveemily lehmanWebthen in terms of Section 114AA of the Customs Act, 1962 such person shall be liable to a penalty not exceeding five times the value of goods. 8.2 In terms of Section 116 of the Customs Act, 1962 if any goods loaded in a conveyance for importation into India, or any goods transhipped under the provisions of the said ... emily legler