Penalty Under CT3

This query is : Resolved

Raghu (Querist)
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30 August 2008 I have cancelled CT3 Form of Air Compressor.. Now I have applied for new form in respect of same goods.

Am i eligible for fine??

If yes what is the procedure to pay fine.

I asked Customs Ppl, they suggested to pay through TR6 Challan.

Can any one please let me know the procedure??

Rajesh Kumar

Rajesh Kumar (Expert)
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08 February 2009 There is no penalty for cancellation of CT-3. Further to impose any penalty, the department is bound to give you a notice and adjudicate the matter after hearing you.