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CESTAT Reduces Customs Penalty to ₹5,000 Considering Demise of Importer’s Wife [Read Order]

The Customs, Excise and Service Tax Appellate Tribunal, Chennai Bench (CESTAT), reduced the penalty imposed under the Customs Act, 1962, after...

Non-disclosure of Secured Creditors in Capital Reduction Petition: NCLT Imposes 5 lakh Penalty on...

Failure to Intimate Change of Registered Office Breaches S. 12(4): MCA Imposes ₹1 Lakh Penalty u/s...

Relief for Bridgestone India: CESTAT Sets Aside ₹96 Lakh Excise Demand for Alleged Excess CENVAT...

Passenger Carrying 250 gm Undeclared Gold Bar through Green Channel Liable to Confiscation: Delhi HC...

Audi Alteram Partem Prevails: Kerala HC Holds Failure to Record Statement u/s 108 No Bar to Defence, Sets Aside Penalties in Gold Smuggling Case [Read Order]

The Kerala High Court has refused to interfere with the decision of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) arising from the alleged smuggling of gold through Cochin...

Penalty on CHA Not Sustainable When Classification Dispute is Settled in Favour of Importer and No Misdeclaration is Established: CESTAT [Read Order]

The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that penalty on a Customs House Agent (CHA) is not sustainable when the classification dispute is settled...

PIMS Registration Timeline Directory, Not Mandatory: CESTAT Quashes Confiscation for Delayed PIMS Compliance [Read Order]

The Principal Bench of Customs, Excise & Service Tax Appellate Tribunal(CESTAT), New Delhi, held that the timeline prescribed under the Paper Import Monitoring System (PIMS) was directory and...

ROC Imposes Penalty for Dividend Account Non‑Compliance [Read Order]

The Registrarof Companies (ROC), Bangalore, has issued an adjudication order under Section 454 of the Companies Act, 2013, penalising a company and its director for violation of Section 123(4). ...

Transport Dept Must Allow Vehicle Owner to Deposit MV Tax and Seek Penalty Waiver Before Taking Coercive Action: Orissa HC [Read Order]

In a recent ruling, the Orissa High Court held that the Transport Department must permit a vehicle owner to deposit outstanding motor vehicle tax and seek waiver of penalties before taking any...

Misuse of Signed Blank Annexure-A by Third Party cannot attract Liability without Evidence: CESTAT Quashes Penalty against CHA Manager [Read Order]

The Chennai Bench of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) ruled that a CHA Manager cannot be penalized merely because signed blank Annexure-A forms were misused by a...

Penalty Not Sustainable when Customs Ignores Assessee’s Valuation: CESTAT Quashes Penalties of Rs 1.57 Crore [Read Order]

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Bench at Kolkata, has set aside the penalties imposed upon appellant, a Government approved valuer, under Sections 112(a)(iii) and...