In the case of M/s M.C. Punjwani vs. Commissioner of Custom, Mumbai Export I, the Custom, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai held that the purpose of compounding of offence against the payment of compounding amount is to prevent litigation and encourage early settlement of the dispute. The appellant has committed the offence […]
The post Application for Compounding of Offence can’t be rejected on Technical Grounds since It’s Prime Object is to prevent Litigation: CESTAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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