Wednesday, 15 January 2014

Payment of duty prior to show cause notice couldn’t bypass evasion penalty if concealment was delibe

Excise & Customs : Where assessee had withheld payment of duty despite being conscious of liability to pay duty and said fact came to knowledge of department only on surprise visit/inspection, assessee was liable to evasion penalty even if entire duty had been paid prior to issuance of show-cause notice


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