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![Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Penalty-Imposed-Customs-Act-Penalty-Customs-Confiscation-of-Seized-Gold-Bars-Seized-Gold-Bars-Gold-Bars-Presumption-of-Smuggling-Smuggling-CESTAT-quashes-Penalty-CESTAT-taxscan.jpg "Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]")
Penalty Imposed u/s 112(b) of Customs Act for Confiscation of Seized Gold Bars due to Mere Presumption of Smuggling:Â CESTAT quashes Penalty [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty for imposing under section 112(b) of the...
![CBIC notifies amended Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/03/CBIC-CBIC-notifies-Tariff-Value-Edible-Oils-Brass-Scrap-Areca-Nut-Gold-Silver-Customs-Taxscan.jpg "CBIC notifies amended Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read Notification]")
![Possession of Ornaments, not an Offence: CESTAT allows to Release of Gold Balas from Custody [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Possession-of-Ornaments-Ornaments-Offence-CESTAT-Gold-Balas-Gold-taxscan.jpg "Possession of Ornaments, not an Offence: CESTAT allows to Release of Gold Balas from Custody [Read Order]")
Investment Scam: ED arrested the three Directors of Bluemax Capital Solutions Pvt. Ltd. & Associate under PMLA, Special Court grants Custody for 12 Days
The Directorate of Enforcement (ED) has arrested 4 persons R. Aravinth, S. Gopalakrishnan, S. Bharathraj, (the three Directors of M/s. Bluemax Capital Solutions Pvt. Ltd.) and their associate J....
No TDS on Wastage of Gold during Jewellery Creation as 'Making Charges': ITAT deletes Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench has recently held in favour of the assessee engaged in manufacture of gold and silver jewellery that, the issue of wastage whether it is 0.5%...
![No TDS on Wastage of Gold during Jewellery Creation as Making Charges: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/TDS-Wastage-of-Gold-wastage-Gold-jewellery-Jewellery-Creation-Making-Charges-ITAT-Disallowance-taxscan.jpg "No TDS on Wastage of Gold during Jewellery Creation as Making Charges: ITAT deletes Disallowance [Read Order]")
![Investment on Gold Proved with Bills and Vouchers: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Investment-Gold-Proved-Bills-Vouchers-ITAT-deletes-Income-Tax-Addition-TAXSCAN.jpg "Investment on Gold Proved with Bills and Vouchers: ITAT deletes Income Tax Addition [Read Order]")
Action of Department on Disposal of Gold through SBI Bullion during the pendency of appeal violates the natural justice principle: CESTAT allows Refund of Differential Value of Gold with Interest
The Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that action of department on disposal of gold through SBI Bullion during the pendency of appeal...
![CBIC Notifies Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/11/CBIC-Notifies-Tariff-Edible-Oils-Brass-Scrap-Areca-Nut-Gold-Silver-TAXSCAN.jpg "CBIC Notifies Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read Notification]")
