Daily Archives: January 6, 2016

Notification No 01/2016-Customs (N.T.)

By | January 6, 2016

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Notification New Delhi, the 5th January, 2016 No. 01/2016-Customs (N.T.)   G.S.R…….(E).— In exercise of the powers conferred by sub-section (2) of section 146 of… Read More »

Monetary limits for filing appeals by the Department before CESTAT/High Courts and Supreme Court applies to all pending cases

By | January 6, 2016

F.No.390/Misc./163/2010-JC Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi , 1st January ,2016 To, 1. All Principal Chief Commissioners / Chief Commissioners and Directors General under the Central Board of Excise and Customs. 2. CC (AR), Customs, Excise & Service Tax Appellate Tribunal. 3. All Principal Commissioners /Commissioners of… Read More »

Issue of wrong certificate does not attract penalty under Excise rule 26 or 27

By | January 6, 2016

Plead of Appellant :- The certificate in effect indicated that the said amount of huge cash was a sort of investment received from such investors which was not found to be correct by the Tribunal, and therefore the certificate was a false certificate which ultimately benefited the trader/assessee in setting up an explanation with regard to the evasion… Read More »

Govt notified Negotiable Instruments Amendment Bill 2015

By | January 6, 2016

The Negotiable Instruments (Amendment) Bill, 2015 notified; Focus on clarifying the jurisdiction related issues for filing cases for offence committed under Section 138 of the Act The Negotiable Instruments (Amendment) Bill, 2015 was passed by the Parliament in the recently concluded Winter Session of the Parliament. The Negotiable Instruments (Amendment) Act, 2015 received the assent… Read More »