Court :
Allahabad High Court
Brief :
The Hon'ble Allahabad High Court in M/S Metenere Ltd. v. Union of India and another[Writ Tax No. 360 of 2020 dated December 17, 2020] quashed the order of confiscation of 12,979 metric tonnes of stock, passed by the Additional Commissioner, GST & Central Excise, alleging duty evasion and reduced the penalty from INR 19,43,89,804/- to INR 10,000/- under Section 122(1) of the Central Goods and Service Tax ("CGST Act") as the dispute pertained to non-maintenance of records.
Citation :
Writ Tax No. 360 of 2020 dated December 17, 2020
Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.
CCI PRO annual subscription :
Duration : 1 year
(Prices Inclusive of GST)
All Subjects Combo (Regular Batch) Jan & May 26