Fraudulent Import of Vehicles as Brand-New Vehicles: CESTAT reduces Excessive Penalty [Read Order]

By Kalyani B. Nair - On December 22, 2022 8:37 am - 2 mins read
Fraudulent Import - Vehicles - Brand-New Vehicles - CESTAT - Customs - Excise - Service Tax - Excessive Penalty - Penalty - Fraudulent Import of Vehicles - taxscan

A Single Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), reduced excessive penalty imposed on fraudulent import of vehicles as brand-new vehicles. The Appellant, Charanjit Singh filed the appeal against imposition of penalty under Section 112(a), 112(b) & 114AA of the Customs Act, 1962. Show Cause Notices were issued in respect of…

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