Posted inNews
CESTAT: “When the Law Itself Does Not Permit Penalty, No Authority Can Create It” — Tribunal Strikes Down Interest, Penalty, Confiscation and Redemption Fine on IGST Demand under Advance Authorization Scheme
Court’s decision The CESTAT (Customs, Excise and Service Tax Appellate Tribunal, Mumbai), allowed the appeal filed by the importer by setting aside the confiscation, redemption fine, penalty under Section 114A,…
