Monday 22 September 2014

Tribunal's order directing penalty is valid from the date when it is passed and not from date of its

Excise & Customs : Where Tribunal gave an option to assessee pay 25 per cent penalty within 30 days from today i.e., from 22-7-2010; payment on 30-8-2010 was not in compliance with direction of Tribunal and, therefore, assessee was liable to full penalty


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