![CESTAT quashes Penalty imposed for Non-payment of Service Tax on ‘Ocean Freight charges’ on Ground of Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/CESTAT-Penalty-CESTAT-Quashes-Penalty-imposed-for-Non-payment-of-Service-Tax-taxscan.jpg "CESTAT quashes Penalty imposed for Non-payment of Service Tax on ‘Ocean Freight charges’ on Ground of Limitation [Read Order]")
CESTAT quashes Penalty imposed for Non-payment of Service Tax on ‘Ocean Freight charges’ on Ground of Limitation [Read Order]
The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) quashed the penalty imposed for non-payment of service tax on...
![Savoury Oats and Silk Oats are Classifiable Under ‘Cereal Grains’ Attracts ‘nil’ Rate of Excise Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Savoury-Oats-Silk-Oats-Cereal-Grains-Excise-Duty-CESTAT-TAXSCAN.jpg "Savoury Oats and Silk Oats are Classifiable Under ‘Cereal Grains’ Attracts ‘nil’ Rate of Excise Duty: CESTAT [Read Order]")
![Imposition of Penalty u/s 271(1) of Income Tax Act cant be made without Proper Record of Satisfaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Imposition-Penalty-Imposition-of-Penalty-Income-Tax-Act-ITAT.jpg "Imposition of Penalty u/s 271(1) of Income Tax Act cant be made without Proper Record of Satisfaction: ITAT [Read Order]")
![Penalty u/s 271A(1)(d) of Income Tax Act shall not be Levied, if Assessee Shows Reasonable Cause for Non compliance of Statutory Notices: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Income-Tax-Act-non-compliance-of-statutory-notices-ITAT-Income-Tax-taxscan.jpg "Penalty u/s 271A(1)(d) of Income Tax Act shall not be Levied, if Assessee Shows Reasonable Cause for Non compliance of Statutory Notices: ITAT [Read Order]")
![Movement of Vehicle Carrying Diesel without Proper Invoice and Transport Document in Violation of TNVAT Act: Madras HC orders Rs 1 Lakh as Security Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Movement-Vehicle-Diesel-Proper-Invoice-Transport-Document-Violation-TNVAT-Act-Madras-HC-Security-Penalty-TAXSCAN.jpg "Movement of Vehicle Carrying Diesel without Proper Invoice and Transport Document in Violation of TNVAT Act: Madras HC orders Rs 1 Lakh as Security Penalty [Read Order]")
Penalty Proceedings for Concealment of Income not sustainable when Notice issued by AO is Vague and Ambiguous: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the penalty proceedings for concealment of income are not sustainable when the notice issued by the Assessing Officer is vague...
![Penalty Proceedings for Concealment of Income not sustainable when Notice issued by AO is Vague and Ambiguous: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Proceedings-for-Concealment-of-Income-sustainable-when-Notice-Ambiguous-ITAT-TAXSCAN.jpg "Penalty Proceedings for Concealment of Income not sustainable when Notice issued by AO is Vague and Ambiguous: ITAT [Read Order]")
Used Digital Multifunction Machine can be Released on Payment of Redemption Fine of 10% and Penalty of 5% of Enhanced Value of Imported goods in Absence of Market Value: CESTAT [Read Order]
The Bangalore bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that used Digital Multifunction Printing and Copying Machines were released on payment of a redemption fine...
![Used Digital Multifunction Machine can be Released on Payment of Redemption Fine of 10% and Penalty of 5% of Enhanced Value of Imported goods in Absence of Market Value: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Used-Digital-Machine-Released-Payment-Redemption-Penalty-Value-Imported-goods-CESTAT-TAXSCAN.jpg "Used Digital Multifunction Machine can be Released on Payment of Redemption Fine of 10% and Penalty of 5% of Enhanced Value of Imported goods in Absence of Market Value: CESTAT [Read Order]")
No service Tax Leviable on Penalty/compensation for Breach of Contract Which is not a Consideration for any Service: CESTAT [Read Order]
The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that no service tax leviable on the penalty or compensation for the breach of contract which was not a...
![No service Tax Leviable on Penalty/compensation for Breach of Contract Which is not a Consideration for any Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/service-Tax-compensation-Breach-Contract-Consideration-Service-CESTAT-TAXSCAN.jpg "No service Tax Leviable on Penalty/compensation for Breach of Contract Which is not a Consideration for any Service: CESTAT [Read Order]")
Penalty under Customs Act not Imposable When Misdeclaration of Values of Imported Goods not Established Conclusively: CESTAT [Read Order]
The Chennai bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that penalty under the customs act is not imposable when the misdeclaration of values of imported goods...
![Penalty under Customs Act not Imposable When Misdeclaration of Values of Imported Goods not Established Conclusively: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Penalty-under-Customs-Act-Customs-Act-Penalty-under-Customs-Act-not-Imposable-CESTAT-taxscan.jpg "Penalty under Customs Act not Imposable When Misdeclaration of Values of Imported Goods not Established Conclusively: CESTAT [Read Order]")
Revocation of customs broker License Causes Financial Distress To Customs Broker: CESTAT sets aside Revocation and Upholds Forfeiture of Security Deposit and Penalty [Read Order]
The Chennai bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) set aside the revocation of the Customs Broker License since it created financial distress for Customs Broker...
![Revocation of customs broker License Causes Financial Distress To Customs Broker: CESTAT sets aside Revocation and Upholds Forfeiture of Security Deposit and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Revocation-Revocation-of-customs-broker-License-customs-broker-License-Financial-Distress-taxscan.jpg "Revocation of customs broker License Causes Financial Distress To Customs Broker: CESTAT sets aside Revocation and Upholds Forfeiture of Security Deposit and Penalty [Read Order]")
Relief to Tata Motors: CESTAT quashes Denial of CENVAT Credit of Excise Duty on Ground of Genuine Disclosure of Transporters Copy of Invoice [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the denial of CENVAT credit of excise duty on the ground of genuine disclosure of the transporter's copy...
![Relief to Tata Motors: CESTAT quashes Denial of CENVAT Credit of Excise Duty on Ground of Genuine Disclosure of Transporters Copy of Invoice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Relief-Tata-Motors-CESTAT-Denial-CENVAT-Credit-Excise-Duty-Ground-Genuine-Disclosure-Transporters-Copy-Invoice-TAXSCAN.jpg "Relief to Tata Motors: CESTAT quashes Denial of CENVAT Credit of Excise Duty on Ground of Genuine Disclosure of Transporters Copy of Invoice [Read Order]")
Penalty u/s 271C for Non Deduction of TDS Not Leviable on Submission of Form 15G and 15H: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the assessee was not required to deduct tax at source under Section 40(a)(ia) of the Income Tax Act, 1961 on submission of...
![Penalty u/s 271C for Non Deduction of TDS Not Leviable on Submission of Form 15G and 15H: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Non-Deduction-of-TDS-Leviable-on-Submission-of-Form-15G-15H-ITAT-TAXSCAN.jpg "Penalty u/s 271C for Non Deduction of TDS Not Leviable on Submission of Form 15G and 15H: ITAT [Read Order]")