![Non-disclosure of Secured Creditors in Capital Reduction Petition: NCLT Imposes 5 lakh Penalty on Lifestyle [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118161-site-image-o4.webp "Non-disclosure of Secured Creditors in Capital Reduction Petition: NCLT Imposes 5 lakh Penalty on Lifestyle [Read Order]")
Non-disclosure of Secured Creditors in Capital Reduction Petition: NCLT Imposes 5 lakh Penalty on Lifestyle [Read Order]
The National Company Law Tribunal (NCLT), Bangalore bench has slapped a penalty of Rs 5,00,000 on Lifestyle International Private Ltd for the...
![Failure to Intimate Change of Registered Office Breaches S. 12(4): MCA Imposes ₹1 Lakh Penalty u/s 12(8) on Company and its Directors[Read Order]](https://images.taxscan.in/h-upload/2026/01/03/250x150_2116904-failure-intimate-registered-office-breaches-mca-imposes-penalty-company-directors-taxscan.webp "Failure to Intimate Change of Registered Office Breaches S. 12(4): MCA Imposes ₹1 Lakh Penalty u/s 12(8) on Company and its Directors[Read Order]")
![Relief for Bridgestone India: CESTAT Sets Aside ₹96 Lakh Excise Demand for Alleged Excess CENVAT Credit [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/250x150_2116520-relief-for-bridgestone-india-taxscan.jfif "Relief for Bridgestone India: CESTAT Sets Aside ₹96 Lakh Excise Demand for Alleged Excess CENVAT Credit [Read Order]")
![Passenger Carrying 250 gm Undeclared Gold Bar through Green Channel Liable to Confiscation: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114508-passenger-carrying-250-gm-undeclared-gold-bar-taxscan.webp "Passenger Carrying 250 gm Undeclared Gold Bar through Green Channel Liable to Confiscation: Delhi HC [Read Order]")
![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]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114193-audi-alteram-partem-prevails-kerala-hc-holds-failure-to-record-statement-us-108-no-bar-to-defence-sets-aside-penalties-in-gold-smuggling-case-taxscan.webp "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]")
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...
![Penalty on CHA Not Sustainable When Classification Dispute is Settled in Favour of Importer and No Misdeclaration is Established: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113773-penalty-cha-not-sustainable-taxscan.jfif "Penalty on CHA Not Sustainable When Classification Dispute is Settled in Favour of Importer and No Misdeclaration is Established: CESTAT [Read Order]")
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...
![PIMS Registration Timeline Directory, Not Mandatory: CESTAT Quashes Confiscation for Delayed PIMS Compliance [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112741-pims-registration-timeline-directory-not-mandatory-cestat-quashes-confiscation-delayed-pims-compliance-taxscan.webp "PIMS Registration Timeline Directory, Not Mandatory: CESTAT Quashes Confiscation for Delayed PIMS Compliance [Read Order]")
![ROC Imposes Penalty for Dividend Account Non‑Compliance [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113354-roc-imposes-penalty-dividend-account-non-compliance-taxscan.webp "ROC Imposes Penalty for Dividend Account Non‑Compliance [Read Order]")
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...
![Transport Dept Must Allow Vehicle Owner to Deposit MV Tax and Seek Penalty Waiver Before Taking Coercive Action: Orissa HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2112957-transport-dept-vehicle-owner-deposit-mv-tax-penalty-waiver-coercive-action-orissa-hc-taxscan.webp "Transport Dept Must Allow Vehicle Owner to Deposit MV Tax and Seek Penalty Waiver Before Taking Coercive Action: Orissa HC [Read Order]")
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...
![Misuse of Signed Blank Annexure-A by Third Party cannot attract Liability without Evidence: CESTAT Quashes Penalty against CHA Manager [Read Order]](https://images.taxscan.in/h-upload/2025/12/08/500x300_2111024-misuse-signed-blank-annexure-third-party-attract-liability-evidence-cestat-quashes-penalty-cha-manager-taxscan.webp "Misuse of Signed Blank Annexure-A by Third Party cannot attract Liability without Evidence: CESTAT Quashes Penalty against CHA Manager [Read Order]")
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...
![Penalty Not Sustainable when Customs Ignores Assessee’s Valuation: CESTAT Quashes Penalties of Rs 1.57 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/12/13/500x300_2111929-penalty-not-sustainabler-customs-assessee-valuation-cestat-penalties-taxscan.webp "Penalty Not Sustainable when Customs Ignores Assessee’s Valuation: CESTAT Quashes Penalties of Rs 1.57 Crore [Read Order]")
No Retrospective Application of Amendment Mandating 18% Interest on Profiteered Amount: GSTAT Upholds DGAP’s Findings, Directs Deposit of ₹4.57 Lakh [Read Order]
The GST Appellate Tribunal has upheld the finding of profiteering under the GST Anti-Profiteering framework and directed the respondent to deposit ₹4,57,683 into the Consumer Welfare Funds of the ...
![No Retrospective Application of Amendment Mandating 18% Interest on Profiteered Amount: GSTAT Upholds DGAP’s Findings, Directs Deposit of ₹4.57 Lakh [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111168-gstat-dgap-retrospective-application-profiteered-amount-taxscan.webp "No Retrospective Application of Amendment Mandating 18% Interest on Profiteered Amount: GSTAT Upholds DGAP’s Findings, Directs Deposit of ₹4.57 Lakh [Read Order]")