Upon review, the tribunal found no clear evidence supporting the claim of diversion.
The Allahabad Bench of Customs,Excise and Service Tax Appellate Tribunal(CESTAT) quashed ₹49.6 lakh customs duty demand against the assessee due to unproven diversion of imported goods.UKB Electronics Pvt. Ltd.,appellant-assessee,was engaged in manufacturing electrical components at its Noida unit, which included both a DTA unit and a 100% EOU unit separated by a wall. In September…
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
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹2299 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now