Tuesday, 19 May 2015

Settlement application can’t be rejected as ‘barred’ after same is allowed to be proceeded with

Excise & Customs : Once settlement commission is allowed to be proceeded with and revenue had no objection thereto, then, without even putting assessee to notice, Settlement Commission cannot reject application as barred under section 32-O on ground that 'an earlier settlement order levied penalty on assessee'

No comments:

Post a Comment