Query???

Dear Sudhir,

Penalty is imposed in case of suppression of things from the department. If assessee himself assess his mistake the deposit the differiential duty with interest as applicable then no penalty can be imposed upon him.

Regards

HS Negi

Originally posted by : HS Negi
	Dear Sudhir, Penalty is imposed in case of suppression of things from the department. If assessee himself assess his mistake the deposit the differiential duty with interest as applicable then no penalty can be imposed upon him. Regards HS Negi

 SIR u r  rigth but if any assessee    paid  duty  since he knew from somewhere else that scn  is likely to be  issued  sir i hv raed "rajasthan spining & waiving mill" case in this same was raise  and penalty levied on assessee but i could't understand that clearly

this case is clearly defining that if there is any suppression of fact, willful mis-statement the department have full right to issue scn even though duty and interest was paid before the issuance.penalty can only be imposed if the reason for penalty is clearly stated in scn .

 ear sir,

what is the current rate of Excise? can you send me.

thanks & warm regard

Jay bodh jha

Dear Friends,

Pleae explain me about WCT?

What is the base of WCT? Why we are deducting WCT? How We are adjusting it with VAT?

It should be deducting on payment basis or Bill basis.

R.P. Singh

BLK

Originally posted by : Jai Bodh Jha
	ear sir, what is the current rate of Excise? can you send me.   thanks & warm regard Jay bodh jha

its 10%

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shreeharipriya nayak

https://www.puffingroups.com

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shreeharipriya nayak

https://www.puffingroups.com